Compliance Checklist for Appointing Member‑Nominated Trustees (MNTs) and Directors (MNDs) in Trust‑Based Occupational Pension Schemes: Eligibility, One‑Third Requirement, Nomination/Selection, Timing, Communications and Review

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Checklists

Do the requirements for appointing member-nominated trustees (MNTs) or member-nominated directors (MNDs) apply?

Verify whether the arrangement is a trust-based occupational pension scheme.
Identify whether the scheme is exempt; if it is, document the method used to reach that conclusion.

Which of the requirements apply: member-nominated trustees (MNTs) or member-nominated directors (MNDs)?

Determine if the trustees are individuals, a corporate entity, or a combination of both.
Where trustees are individuals, or a mix of individual and corporate trustees, the MNT requirements apply.
If there is a sole corporate trustee, or all trustees are corporate, the MND requirements apply.
If a company acts as trustee for more than one scheme to which MND rules apply, decide whether those rules apply to it separately for each scheme, as though the schemes were a single scheme, or a blend of both approaches.

The requirements

Ensure at least one-third of the trustees are MNTs, or at least one-third of the directors are MNDs, as appropriate...

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Web page updated on 20/05/2026

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