Learning
New Trustee
An outline for the first meetings: duty of care, what belongs in the pack, and the questions trustees are asked to table on defaults and disclosure.
Who it is for
Newly appointed trustees, and anyone briefing them, who needs the pack to be readable before the meeting starts.
Modules
- Duty of care orientation. Due care, diligence, and good faith as board language, not a ruling.
- Pack hygiene. What the working surface should hold before the chair opens the meeting.
- Disclosure versus education copy. How to keep statutory disclosure apart from workshop material.
- Defaults and death benefits. Questions to table. Not a portfolio selection and not a distribution decision.
Briefings in this outline
- PFA duty of care (orientation)
Orientation on due care, diligence, and good faith for fund boards.
- Board-pack hygiene: what belongs in the pack before the meeting starts
Practice note: treat the pack as the working surface for duty of care — not an invented FSCA-mandated TOC.
- Disclosure basics for boards
Separate statutory disclosure from education material in board files.
- TER & governance
Map TER lines in a board pack without treating them as a quality score.
- Default investment strategy: annual review questions trustees should table
Reg 37 default portfolio checklist — regular-basis review, not a portfolio beauty-parade.
- Section 37C death benefits: orientation for boards (not a nomination form)
Orientation on the death-benefit distribution duty — nominations as wishes, not a will substitute.
Legislation changes. This is an outline for education, not a full curriculum, a login, a CPD record, or a certificate. It is not FAIS advice and it does not rank products or funds. Read the official instrument and the fund's rules before a meeting.