Member-nominated trustees and directors | Practical Law
This practice note considers the requirements under the Pensions Act 2004 on the trustees of occupational pension schemes to put in place arrangements that ensure that at least one-third of their number are nominated by the members. The note includes the nomination and selection process, the requirement to review the arrangements, removing a member-nominated trustee (MNT) or member-nominated director (MND) and communicating with members.