Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Member-Nominated Trustees definition

What does Member-Nominated Trustees mean? In practice, member‑nominated trustees are scheme members chosen to sit on the trustee board of an occupational pension scheme; where a corporate trustee is used, the equivalent is member‑nominated directors. In Great Britain, the concept is statutory and regulated by the Occupational Pension Schemes (Member‑nominated Trustees and Directors) Regulations 2006 (SI 2006/714). Subject to limited exemptions (for example, certain small or public service schemes), trustees must put in place reasonable and proportionate arrangements so that at least one‑third of the board (or of a corporate trustee’s directors) are member‑nominated. Schemes may adopt elections or other selection methods,...

Member-nominated trustees (MNTs) and member-nominated directors (MNDs): statutory requirements, EDI-focused nomination and selection, exemptions, timing, interaction with scheme rules, reviews, record-keeping and penalties

Published by a LexisNexis Pensions expert

Practice notes

They are generally unpaid and not career trustees, serving on a voluntary basis. Although many may often have limited pensions knowledge, they are widely regarded as bringing valuable diversity, fresh perspectives and insight into member needs to the trustee board, thereby strengthening overall governance effectiveness. As master trusts expand and smaller private sector schemes decline, the traditional role of MNTs/MNDs is shifting, loosening the direct connection between members and their schemes. To capture and reflect the member voice in decision-making, trustee boards are increasingly turning to other mechanisms, including statutory consultations and member panels.

Statutory requirements

Trustee boards must establish and implement arrangements that ensure at least one-third of the overall trustee body comprises member-nominated trustees (MNTs) or, where there is a corporate trustee, member-nominated directors (MNDs). These requirements apply to occupational pension schemes (as defined by the Pension Schemes Act 1993, s 1) created under trust, whether defined benefit, defined contribution or hybrid in design...

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Web page updated on 21/05/2026

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