I am delighted to introduce the latest edition of Trust e-matters.
The start of a new year, and indeed a new decade, is a time to reflect on the past and look forward to the future. With this in mind, this edition looks at the opportunities for trustees to get value from their annual reporting processes and how to assure members that their pension is in good hands. Ian Bell, Head of Pensions at Baker Tilly looks further into the future and considers the opportunities and challenges for the next decade.
The next decade will be the focus of our conference to be held on Thursday 29 April 2010. We have secured speakers that will both entertain and educate you as we debate issues around our theme ‘new decade, new opportunities’. With the timing likely to be close to the date of the general election, we are sure to identify some of the issues that the next Government will need to tackle.
All of the Pensions Group at Baker Tilly hopes that you can join us on Thursday 29 April and that these articles whet your appetite. Please let us have your feedback on Trust e-matters and your usual Baker Tilly contact would welcome your ideas for topics to be included in future editions.
In this issue
It is now opportune to think about the year end reporting process and how trustees and their other advisers can make it an efficient process and gain value from the statutory requirements.
Governance of pension schemes is going to be one of the hot topics for 2010. Trustees do need to focus on this important area, and not just because the Pensions Regulator says so - good governance can help trustees operate more efficiently and reduce costs.
The ‘noughties’ are thankfully behind us and those of us in the pensions world look forward to the next chapter in the development of pensions in the UK.
In doing so, it is interesting to consider where the industry might be in 2020. What is in store over the next decade and what opportunities are there for companies and pension scheme trustees in managing their positions?