Trustee professionalism pays dividends

The influence of the Myners report, poor investment markets and the consequent deficits suffered by pension schemes are all responsible for the increased use of independent trustees, says Pádraig Floyd

Independents’ day

In the aftermath of the Myners report, trustees increased reluctance to make investment decisions has led to the rise of the independent trustee. But, says Pàdraig Floyd, with the new-found popularity comes responsibility

Calling the professionals

Unlike the 1970s duo Bodie and Doyle, the antics of a couple of independent trustees may not make for particularly exciting television, but, says Pádraig Floyd, that does not mean they do not have dramatic impact in their own way