Trustees play a crucial role in governing pension schemes. For that reason, it is important they make sure they are insured against members claiming against them further down the line. Employer-nominated trustees may well already have some sort of employer-provided insurance, but it is very much worth being sure this is the case for you. For other trustees, trustee liability insurance is playing an increasingly important role in protecting trustees and pension scheme assets. It provides an external resource of protection in the event of a member claim. If the decision is taken to adopt insurance, however, it is important to check the small print and buy a policy that is specifically designed to respond to the needs of trustees and other individuals involved in the management of pensions.