“I learnt more than I expected to at the trustee training course. A good introduction to the trustee role.”
“Excellent service - as expected and why PSGS was chosen.”
“Provided insight into what other schemes do - useful intelligence. High quality.”
“Always willing to get involved and move things forward.”
“Brilliant to work with - inspiring confidence that risks are anticipated and well-managed, and adding huge value by sharing expertise and best practice.”
“It’s a pleasure working with key members of the PSGS team: their experience and leadership means that they know how to get the job done, working in partnership with fellow trustees, employers and advisers to achieve the best result for members.”
Legal & governance
Tuesday, 27 August 2019
The Pensions Regulator (TPR) made trustee board effectiveness central to good pension scheme governance. We wanted to find out how far pension trustees have come on their effectiveness journey.
The three key themes emerging from our survey are:
1. Too few pension trustee boards are assessing their performance and those that do are not doing so very effectively.
2. Fundamental basics aren’t being achieved by all trustees on a board – including being well prepared for meetings, actively participating in discussions and understanding the strategy and direction of their pension scheme.
3. Start as you mean to go on – boards are less effective when there’s no formal process for bringing on board new trustees.
Download the full effectiveness of pension trustee boards survey results to find out what’s going well and where there’s room for improvement.
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