Regulation, regulation and more regulation.The regulatory landscape for pensions continues to become ever more complex. The most significant changes in more than a decade have taken hold. Auto-enrolment, which is designed to cover people having no access to a workplace pension scheme, will bring millions of workers into a pension. Many for the first time.Equally, investments are proving an intractable issue for trustees. They need to move into return-seeking assets (such as shares) to try and improve the returns for their members. At the same time, the regulator has become less tolerant of short-term asset price volatility and is encouraging them to move into fixed-interest investments. Only time will tell how this will play out.Being a trustee therefore continues to be both an interesting and demanding job. Trustees need to have an appropriate level of knowledge and understanding (TKU). Many will attend training courses to get their TKU and other formal qualifications through professional bodies such as the Pensions Management Institute (PMI).Against this background, Aberdeen is delighted to support this latest edition of Robin Ellison's definitive handbook, which provides trustees with a practical guide to navigate their way around the legislative landscape. Aberdeen also runs an independent, CPD accredited, industry-wide thought leadership seminar programme to support trustees as they grapple with the challenges ahead. Please contact me if you would like to join our Pensions Intelligence programme.