To teach how to live without certainty and yet without being paralysed by hesitation Bertrand Russel What is scenario planning and how can it benefit your Pension scheme? Scenario planning goes much further than risk management or contingency planning. It aims to...
Sometimes it’s easier to explain our work by sharing a case study. This month we’d like to show you how we helped one client with a conflicts of interest issue. Conflicts of interest This is where the trustee may wear two or more hats. As a trustee, you have to act in...
In previous blogs we have covered: Having a trustee business plan – read the blog here Pension scheme risk registers – read the blog here Conflicts of interest – read the blog here This month, we are going to look at Pension Trustee training. Trusteeship in pensions...
In our last article we looked at two of the key areas a pension’s trustee needs to consider in order to provide effective governance for their scheme. These were having a trustee business plan and a pension scheme risk register. The full article can be found here. In...
The Pensions Regulator is really hot on scheme governance, to the extent that in 2016 they produced a discussion paper on 21st century trusteeship and governance. This explored how trustee standards could be raised and how to improve the way pension schemes are...