Pension scheme governance

Effective governance is a necessity for any well-run trust or contract based pension scheme. It's an area The Pensions Regulator looks at closely.

It can be difficult to keep up to date with the multitude of legislative requirements and regulatory guidance associated with running your company pension scheme - let alone to be sure you are fully compliant.

Whether you have a defined benefit (DB) or defined contribution (DC) pension plan, our extensive experience of pensions management and scheme governance means we can help you:

• identify all the pension governance requirements you need to meet
• introduce or improve practical measures to meet those pension governance requirements
• create a framework for monitoring and managing pension scheme governance going forward

Our pension governance services are available to all pension trustees and employers, whether or not we are appointed as independent trustee to your pension scheme or pension secretary to your scheme trustees.

Specific specialist PSGS services to support the delivery of your pension scheme governance strategy include:

• pension governance consultancy
• governance tools including pension scheme risk registers, trustee business plans, scheme budget setting & monitoring etc
• independent review, benchmarking and selection of pension scheme advisers
• reviews against pension governance best practice guidelines
• cost efficiency/reduction planning
• governance technology

Want to find out more about making sure your pension scheme governance is effective? Get in touch - we'd be happy to talk it through.