One of the biggest challenges to making your governance work is ensuring all the various areas of governance fit together and support overall decision making. How do you stop governance feeling unwieldy and a tick box process? We have delivered a market-leading online dashboard that allows clients to:
- access all key scheme data and metrics at any time
- review the risk register, business plan and communication strategy
- use online training materials
- manage meetings via the agenda management system which integrates with the risk register, business and communication plans and scheme data.
In the news this week, worrying results from pension scam research, a longevity swap conversion and CPI at its lowest level for nearly three years.
Despite the very different circumstances facing individual companies, bac‘s autumn 2019 survey reveals a surprisingly consistent picture of the actions which companies are finding most attractive to manage their DB and DC pension arrangements.
As DB liabilities have become legacy issues to be managed, governance has become the umbrella term for a broad range of risk management tools. In this publication, we look at the DB governance solutions we have helped our clients to implement.
As pension trustees and sponsors get serious about good governance, a key question is whether technology can play a meaningful role or is simply an expensive addition that looks good but adds little value?
In this Pensions Perspective, Andrew Udale-Smith looks first at the different types of adviser review and when and how they might best be used. Then he focuses on how to design a smooth and efficient process for a full market tender.