- Corporate activity
- Automatic enrolment
- DB schemes
- DC schemes
- Finance & investment
- International pensions
- Pension Protection Fund
- Pension de-risking
- Pensions & investment litigation
- Public sector pensions
- State pension changes
- Scheme funding
- Scheme governance
- The Pensions Regulator
Governance Health Check
What is the Governance Health Check?
It’s a review of governance processes and procedures. We check key governance points so that we can confirm whether effective governance measures are in place. If we identify any governance gaps, we raise them with you and suggest action to address them.
The Health Check focuses on these areas:
- conflicts of interest
- risk management
- trustee training
- breaches of law and whistleblowing
- procedures for dealing with disputes
- balance of powers
- trustee board business planning
Why is the Health Check important?
Good governance is essential to the running of any pension scheme. It ensures good outcomes for members’ retirement savings and enables time and scheme resources to be managed efficiently.
In recent years we have seen a significant increase in the emphasis that the government, TPR and the pensions industry has placed on governance. TPR’s recent discussion paper on 21st century trusteeship and governance demonstrates that there is an increasing focus on the governance and trusteeship of occupational pension schemes.
It has therefore never been more important for schemes to ensure that the governance arrangements they have in place are fit for purpose.
To find out more about our Governance Health Check, please contact us at email@example.com
For more information