Trustee Education Focus Group (TEFG)

About

Following two successful roundtables with representatives from leading Independent Trustee firms, PASA extended invitations to leading Third Party Administrator (TPA) firms to explore their key ‘asks’. This resulting administrator roundtable explored the current state of pension administration, future ambitions, key challenges, and—critically—the ‘asks’ from administrators to trustees.

One of the key conclusions from the discussion was that trustees are often not fully aware of the complexities involved in administration. As a result, engagement with administrators tends to occur too late and often at a tactical, rather than strategic, level. To address this, the group identified a need to develop educational materials, practical guidance, and checklists to equip trustees with the tools and knowledge required to engage more effectively with administrators.