All Trustee boards articles – Page 16
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FeaturesDealing with firebrands on scheme boards
Any Other Business: Jeremy Corbyn romped to victory in the Labour leadership campaign over the weekend, prompting widespread resignations from senior party members unwilling to work under the left-wing veteran backbencher.
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NewsPolice investigation highlights need for internal scheme checks
The protection of scheme assets against internal fraud should be a top priority for administrators and trustees, experts have said, following the arrest of an employee on suspicion of a scheme-related theft.
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Features
The big sell: How to attract new trustees to a scheme
Any Other Business: The role of pension trustee has grown in complexity over recent years and has become too daunting a task for many, but some schemes are finding new ways to lure fresh blood to the role.
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News
Between two boards: Balancing the dual roles of exec and trustee
The broader experience of financial directors and company executives may enhance pension trustee boards' insight and understanding, but conflicts of interest should be carefully managed.
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NewsIs your scheme spending enough time on administration?
Any Other Business: Trustees of pension schemes are required to oversee all aspects of scheme administration while navigating the complexities of investment, policy change and benefit design.
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News
Out of reach: How can we close the trustee skills gap?
Any Other Business: If you’re reading this as a trustee and wondering why so many questions are being asked about the future of the role, chances are you’re among the fraction receiving ongoing formal training.
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Features
How to drive scheme productivity
Any Other Business: Chancellor George Osborne painted an unimpressive picture of the nation’s productivity in the annual Mansion House address.
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Opinion
How mixing the trustee board make-up can boost performance
The Pensions Act 2004 dictates trustees of pension schemes comprise at least one-third member-nominated individuals.
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Opinion
How do you run a trustee election?
Following a largely unexpected result last week, the United Kingdom has a team in place to try and steer the country towards greater prosperity, opportunity and fairness (we hope).
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News
Cranking up the gears on DC contributions
Any other business: Jeremy Clarkson and Co’s acrimonious departure from the BBC has left a gaping hole in Top Gear’s line-up, with the loss of the iconic trio leaving the much-celebrated show running on fumes.
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Features
Are you an informed investor?
Any other business: Following a romp to all-time highs the FTSE 100 stuttered last week, with slips by multinationals and financials. More than ever, trustees must be engaged investors to ensure scheme decisions deliver good outcomes.
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Opinion
How trustees can tackle those 3am woes
While governance can often be seen as a tick-box process, a small number of issues are increasingly keeping pension directors and chairs of trustees awake at night.
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Opinion
How to reconcile multiple appointments on governance boards
Any other business: In three weeks, the requirement for pension providers to form independent governance committees to monitor the effective running of contract-based schemes will come into force.
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News
Collaboration key to DB liability challenge, experts say
NAPF Investment Conference 2015: Experts have called on the industry to focus on collaboration and technology to address the “£2tn problem” of defined benefit pension liabilities.
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Opinion
Why trustees should pull together to focus on what matters
The Pareto principle states that 80 per cent of effects come from 20 per cent of the causes. In management terms this means a fraction of your efforts could have disproportionate outcomes.
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Opinion
Buchanan: Lay trustees play an often unenviable but critical role
Since I first became a pensions lawyer more than 23 years ago, the level of complexity of pensions has increased both in terms of legislation but also the case law set by judges – a recent IBM judgment exceeded 600 pages in length.
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Opinion
Communicating difficult benefit changes: a scheme guide
Communicating difficult messages on benefit changes is not easy. The likelihood is that some or all staff are going to suffer some consequence – with the potential knock-on impact of negative feedback, disengagement, loss of productivity or retention issues.
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Opinion
Class actions are on the rise. Should trustees pick up their cudgels?
Almost from nowhere, pension managers and investment committees are being bombarded with class actions. But how do you manage these, and what are trustees’ duties in these cases?
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Opinion
Does Saudi Arabia's succession planning put your scheme to shame?
Industry experts have warned that schemes are not putting enough thought into what would happen should they need to replace their trustee chair or pension director, leaving themselves open to administrative risk.
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Opinion
How smaller schemes can optimise their investment portfolios
Designing an optimal investment portfolio for a small defined benefit scheme is a real challenge because often the theory and the practice do not go hand in hand.