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LCP Radar Update: IORP II Codes of Practice for Trustees are published

Pensions & benefits

A detailed draft code of practice for trustees was issued by the Pensions Authority on 22 July 2021.

This draft code sets out the Authority’s expectations of trustees under six headings: governance, administration, internal control system, investment, defined benefit financial management and fit & proper requirements.

The Authority has invited views on the draft code of practice. The closing date for the receipt of submissions is 5pm, Thursday 16 September 2021.

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