Majority of schemes have not acted on all top three governance expectations

WTW report finds schemes have ‘high ambitions but slow progress’ on governance

Jasmine Urquhart
clock • 3 min read
Majority of schemes have not acted on all top three governance expectations

Less than one third (30%) of schemes have taken action on each of the top three governance expectations ahead of The Pensions Regulator’s (TPR) General Code of Practice, according to a report by WTW.

The Trustee Governance Report 2023 found that the majority (72%) of schemes said they were either aiming to be 'best in class' or 'better than many schemes' on governance. However just 6% had co...

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