Governance

Industry insiders who become trustees at collective defined contribution (CDC) schemes could ruin them according to First Actuarial founder Hilary Salt.

This year has been a busy one for pensions and 2015 looks to be very much the same. Squire Patton Boggs has highlighted 12 key areas for trustees to focus on in 2015.

The government has been criticised for proposing burdensome and confusing rules on trustees in defined contribution (DC) schemes.

BESTrustees has appointed Andy Boorman and Peter Langdon to its team of trustee executives.

The AMNT’s Janice Turner says IGCs must have member representatives

The Financial Conduct Authority (FCA) has proposals in place to prevent corporate trustees from dwarfing individuals on independent governance committees (IGCs).

The government has published draft regulations to introduce minimum governance standards for workplace pensions and a 0.75% charge cap on default funds.

Independent governance committees (IGCs) should be made up of single candidates rather than a professional trustee firm, according to Cass Business School.

The industry is not satisfied with efforts to improve contract-based governance

Mercer has teamed up with eShare to launch an online governance service to meet demand from pension scheme trustees making the switch from paper to digital.