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...She added: “This is where the disquiet comes in for trustees — and their advisers too.”...
...Mark Cliff, chair of trustees for the Debenhams Retirement Scheme, said: “We are confident that transferring members’ benefits to Clara provides the best available outcome for them.”...
...The group would use mutuality as a pitch to pension trustees, chief executive Barry O’Dwyer told me....
...Pension trustees have also said they are worried about the potential threat from such arrangements....
...“The duty of pension scheme trustees first and foremost is to maximise returns for members.”...
...pensions minister, was pressed by MPs on why allowing a surplus to be accessed by a sponsoring employer would help improve security for members, who were relying on the pensions for a secure income for life...
...After a 78-year run, Marlborough Gallery is to close this June, a decision announced by its board of trustees on Thursday....
...Your father’s executors are responsible for administering his will and the trustees appointed in respect of the Standard Life trust are responsible for administering it....
...But “at the moment there’s not much influence an asset owner can have over the life of the bond”....
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...Typically trustees would be the children’s parents or grandparents....
...Find out about our latest stories first — follow @FTWeekend on Instagram and X, and subscribe to our podcast Life & Art wherever you listen...
...“Trustees, including myself, failed to do our job....
...He served as chair of trustees of the National Gallery between 1985 and 1991 and chair of the Heritage Lottery Fund from 1994 until 1998....
...Dibbits quotes the politician and diplomat Jaap de Hoop Scheffer, a former chair of the trustees, saying of the institution: “You’re not political, but you can’t pretend you’re neutral.”...
...Rather than pushing everyone to move faster, leaders should think of themselves as trustees of others’ time, Rao says. “When you emphasise speed, you’re creating time poverty in the organisation....
...The board of trustees is chaired by Pat Sajak, a former TV game show host and a supporter of multiple right-wing political candidates....
...Osborne, who was also formerly chancellor of the exchequer, said on his Political Currency podcast on Thursday that the museum’s trustees and the government in Athens were “very much up for a deal”, noting...
...busy careers: Sarah, a fund manager, was a director of Friends of Oxford Botanic Garden and continues to give support; Bernard, an organic chemist and financier, is one of Oxford university’s first lay trustees...
...Alan Baker, chair of trustees for Boots’ pension scheme, said the deal “gives added protection to our members’ long-term benefits by removing market uncertainty and other financial exposures”....
...He is reluctant to give the current value for the whole collection, as it isn’t for sale, preferring to focus on what it does, though a trustees’ report put it at more than £10mn in 2021....
...The sharp fall in the deficit was in line with wider funding improvements for thousands of corporate defined benefit (DB) plans in the UK, which promise members a pension for life....
...“People hear pay cheque for life, they think ‘great’. Then they hear the word annuity,” Ackerly said....
...Netherhall owns several other buildings in the capital, and its trustees are all Opus Dei members. But the name bears no obvious reference to Opus Dei....
...She has given it real horns – acquiring and renovating a stable block in Haggerston to give the Foundation a home and longevity, and establishing an influential board of trustees and ambassadors including...
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