TACT appoints Mark Homer as Pension Committee chair

Topic:

PSGS news

Date published:

Monday, 21 July 2014

The Association of Corporate Trustees (TACT) has appointed PS Independent Trustee's Mark Homer as chair to its Pensions Committee. Mark will take over from Esther White, who held the role for four years. He has been secretary to the Committee for a number of years.

The TACT Pensions Committee, which has representatives from all leading corporate trustees, considers and takes action on issues affecting occupational pension schemes, including legislation, taxation, regulation and investment. As chair, Homer will continue to raise awareness of the role and views of corporate trustees and the issues they face through dialogue with employers, other pension industry groups and government bodies.

Commenting on his appointment, Mark Homer said:

“TACT places particular emphasis on fostering high standards amongst the professional trustee community and this is a subject on which I have very strong beliefs.

I look forward to promoting the TACT Code of Practice, which addresses vital issues such as integrity, true independence, avoidance of conflicts, clear charging arrangements and depth of resources. Schemes - and their sponsors - are under an ever-increasing governance pressure and part of my role will be to make them aware of the distinct benefits of using a professional corporate trustee who meets the TACT Code to help meet these rigorous regulatory requirements.”

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