In lay trustees we trust...

When is a lay trustee not a lay trustee? When legislation requires him or her to become professionally qualified to deal with a pension scheme

When is a lay trustee not a lay trustee? When legislation requires him or her to become professionally qualified to deal with a pension scheme.

A lay trustee is an employee who voluntarily sits on the board of his or her company pension fund. He or she -- although not necessarily well versed in the world of pensions -- is tasked with making decisions based on the scheme's objectives. At the same time, they must ensure that the scheme members' interests are well protected.

WSJ Logo
How Trump Got His ‘Big, Beautiful Bill’ Across the Finish LineExternal link

How Trump Got His ‘Big, Beautiful Bill’ Across the Finish Line