Minimum standards led by trustees are the right way to go for ISPs – Lumera
DWP should empower trustees to enforce minimum standards rather than extend direct regulation and build a new authorisation regime.
London, 24 February 2026 – Lumera, a leading insurtech company dedicated to the digital transformation of the European Life and Pensions industry, provides its views on the Department for Work and Pensions (DWP) consultation on trustees and governance.
As part of the consultation, which closes on 6 March, DWP is seeking feedback on the benefits of introducing new minimum standards as part of its objectives to raise standards in trusteeship, governance