SPP 2026 Conference: The future of Fiduciary Duty

SPP 2026 Conference: The future of pensions at a time of fundamental change

Session 4: The future of Fiduciary Duty

Fiduciary duty sits at the heart of pensions decision making, but its practical application is evolving. This session explores how the interpretation of fiduciary duty may evolve as schemes run on, manage surplus and balance member outcomes against sponsor affordability in DB. From a DC perspective, we will also examine how trustees and providers may increasingly weigh pension outcomes alongside wider considerations such as health, social care, quality of life and sustainability, and what good decision making looks like in that context.