The Trustees meet regularly throughout the year and receive specialist advice as required. This includes advice from investment managers, auditors, solicitors and actuaries. Details of the Trustees and their advisers are given in the Annual Report and Accounts.
At least one third of the Trustee Directors must be elected by the Members.
The Howdens Retirement Savings Plan is a Group Flexible Retirement Plan provided by Standard Life.
The Plan also has a Governance Committee operated by the Company who meets on a regular basis to review the ongoing operations of the Plan (for example to review the suitability of the investment options and the quality of service provided by the Plan administrators).