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Pension trustees calling for more training – F&C

Training is the most important issue facing trustees and pension fund representatives, while compulsory membership is the least important, according to a survey by F&C Management.

The F&C survey found nine out of 10 trustees said they had already undergone training of some kind, with half of all trustees had been trained by an investment or actuarial consultancy, and 41 per cent by an asset manager. But 77 per cent thought the standard of their training could still be improved.

F&C Management director of client services Tim Watson says: “Despite all that is happening in the pension fund industry, UK pension funds still recognise the need for more and improved education and training for trustees as critical issues.”

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