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Number of independent trustees appointed by TPR in the past five years

FOI reference - FOI-3904

Date - 2 July 2019

Request

I would like to know the number of independent trustees appointed by The Pensions Regulator (TPR) in the past five years (if data is available), and what were the main reasons for these appointments.

I would also appreciate if you disclose the number of appointments by company (ie Dalriada, Pi Partnership Group, 2020 Trustees, etc) per year.

Response

I can confirm that we hold the information you have requested and have broken this down into the following tables. Please note that the information in the two tables are taken from two different data sources hence why the figures may differ slightly.

Number of independent trustees appointed by TPR since 1 April 2014 (as of 19 June 2019)

819 Total powers 19/20 18/19 17/18 16/17 15/16 14/15
Appointments 819 53 226 133 153 160 94
Article 7 Pensions (Northern Ireland) Order 1995 20 2 4 4 4 5 1
PA95 s7(3)(b), amended by PA04 s35 747 48 204 125 141 153 76
PA95 s7(3)(a), (c), (d) 51 4 36 1 9 1 0
PA95 s7(3)(c), (d) 1 0 0 0 0 1 0

Number of appointments by company since 1 April 2014 (as of 19 June 2019)

839 Total appointments 19/20 18/19 17/18 16/17 15/16 14/15
20-20 Trustee Services Limited 138 0 42 3 44 33 16
Capital Cranfield Trustees Ltd 154 23 72 0 23 34 2
Dalriada Trustees Limited 31 1 19 5 4 1 1
Independent Trustee Services Ltd 2 0 0 1 0 0 1
Lyons Davidson Trustee Company Ltd 302 0 0 122 66 81 33
Open Trustees Limited 210 26 108 1 11 12 26
PAN Trustees Ltd 1 0 0 1 0 0 0
PS Independent Trustees Ltd 1 0 1 0 0 0 0

Description of each legislative reference

Legislative reference Description
Article 7 Pensions (Northern Ireland) Order 1995 Appoint a trustee to schemes to secure number of trustees are sufficient for proper administration.
PA95 s7(3)(a), amended by PA04 s35 Appoint a trustee to schemes with necessary knowledge and skill
PA95 s7(3)(b), amended by PA04 s35 Appoint a trustee to schemes to secure number of trustees are sufficient for proper administration.
PA95 s7(3)(c), amended by PA04 s35 Appoint a trustee to schemes to secure proper use or application of assets.
PA95 S7(3)(d), inserted by s131 PA08 Appoint a trustee to schemes to protect generality of members of the scheme.