Your Pension Plan …. Your Financial Future


All assets of a pension plan under the Act shall be received and held in a distinct fund, separate from the assets of the employer, by an approved trustee.


Every person approved as a trustee by the Commission shall be a fit and proper person to perform such trustee functions. In determining whether a person is fit and proper to be a trustee, regard shall be had to his probity, competence and soundness of judgement for fulfilling the responsibilities of a trustee, to the diligence with which he is fulfilling or likely to fulfill those responsibilities, and to whether the interests of members or former members of a pension plan or their beneficiaries are, or likely to be, in any way threatened by his holding that position.


Trustees have an important role to safeguard the assets of a pension plan and to perform their duties with integrity and the appropriate professional skill and in accordance with the requirements of the Act and the Regulations.

Wessex House, 45 Reid Street, Hamilton

Tel. 441-295-8672

© 2024, Pension Commission

Website by Advanced Services