Only 56% of pension trustee boards assess their performance – trustee effectiveness research

Topic:

Legal & governance

Date published:

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.

Download the results

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