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Search Results: Governance and Trustee Effectiveness

10 results:

Board effectiveness - What is it and why is it important?

6 Mar 2024

Musings

What do we mean when we talk about Board effectiveness? Check out this article which explores how you can go about assessing and improving board effectiveness

Implementing post DC retirement solutions

17 Sept 2025

Musings

The Pension Schemes Bill 2025 is expected to place new duties on trustees to provide “default pension benefit solutions” for DC members. Paul Armitage looks at the current landscape and what might be expected going forwards, including considerations for trustees.

AI governance

12 Mar 2026

Musings

Artificial Intelligence (AI) is driving considerable change across many industries, including pensions, and whilst there are significant potential benefits available, the risks are real as well. Jo Fellowes explores where AI is currently being used and developed in the pensions industry and considers the changes in Trustee governance required to oversee data, security and cyber risk as AI use continues to evolve.

The key risks for Trustee Boards may not be what you think

12 Mar 2026

Musings

We all know that the world is changing – and changing more quickly than ever. Everywhere we look we see evidence of this – geopolitics, climate change, AI are just three areas where the status quo is not what it was a year or even a month ago. How can Trustee Boards address such significant change? In this case study by Amanda Cullen, we shine a light on what worked well when working with a Trustee Board on their strategic thinking.

From compliance to capability: The next phase of Pension Scheme Governance

23 Jun 2026

Musings

The recent TPR Talks discussion on raising standards of trusteeship and governance reignited an important debate across the pensions industry: what does 'good governance' actually look like in practice? Governance spans a wide spectrum of matters from endgame strategy, risk management, cyber security, business continuity, third-party supplier oversight, data quality to AI governance. Trustees are expected to manage pension-specific risks and all the operational risks that could materially impact members and scheme operations. Operational risk management in a highly outsourced model deserves its own article!

Trustee executive selection and board effectiveness review

13 Dec 2021

Case studies

This was a wide-ranging executive support and Trustee governance project for a complex multi-employer scheme, where the Trustee and the board had experienced challenging situations in recent years. It was time to move forward. The client formed a Working Group to liaise with us.

Don’t let the urgent crowd out the important - Key person risk and succession planning

16 Jul 2020

Musings

Succession planning is sometimes an uncomfortable subject, but the Coronavirus crisis acts as wake up call for pension schemes to look at plans for an organised succession for key senior posts and to develop emergency backup plans on the trustee board, in the executive, and with key suppliers.

As if by magic the Easter Bunny brings a new TPR Code!

25 Mar 2021

Musings

TPR has published the single Code of Practice for consultation which is open until 26 May. Recharged with chocolate we’ll be reading the 149 pages in more detail and having a go at TPR’s consultation questions after Easter and will update you as needed on what to look out for and practical pointers.

Getting ready for the Code - Where to start

17 Dec 2021

Musings

Welcome to the Muse series Getting ready for the Code, where we are sharing practical tips and tools. The first article in the series is a practical look at gap analysis, to help assess how ready you are for the Code and ORA. After initial Trustee training, this is where many are starting their Code and ORA work.

Getting value from the TPR Single Code

2 Mar 2022

Musings

With the TPR Single Modular Code expected to come into force this Autumn, check out how we can help you get value from your work on the ESOG and ORA.