Trustee training more important than ever

Trustee responsibilities have grown, so the investment management industry needs to provide trustee training if it is to explain its investment decisions as simply as possible to clients

Trustees play an invaluable and increasingly demanding role in the UK pension fund system as they discharge their responsibilities. We believe that trustee training, whether in the form of written guides or a hands-on series of sessions, is part of the client service commitment that all asset managers should provide. Investment professionals often make the mistake of assuming their pension fund clients understand the business of investment and the jargon associated with it. But why should a trustee have a grasp of investment matters if this falls outside the nature of his or her daily exp...