Governance – Do you meet the standards of the Pensions Regulator?

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...

What is a trustee business plan?

We have been banging on about the importance of the pension scheme trustees having a plan, monitoring, tweaking and making it work.    According to research by Aon in 2015 less than a third of DB pension trustees had a business plan with SMART (Specific, Measurable,...

21st Century Trustee – Raising the bar

For the last 18 months the Pensions Regulator (our friends in Brighton) has been talking up the importance of good governance in running pension schemes. This is included confirmation of who would fall in scope as a professional trustee and implications for this. So...

Are we nearly there yet? A trustee journey plan 

We have written several times before about the importance of trustees and their pension scheme sponsors having a shared goal in mind (If you don’t know where you are going any road will get you there). Much as though the phrase ‘a journey’ is grossly overused,...

Trustees are more effective as a team

Trustees are more effective as a team if they work together sharing experiences and knowledge. Relying on a perceived star player is a fraught with risk. Corporate history is littered with examples of such companies. Sir Philip Green and BHS spring immediately to...