eShare

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.

The cost of governance is increasing as it becomes increasingly important to schemes and others in the financial services industry, research has shown.

Premier has added eShare's Board Portal Solution to its service portfolio, in order to bolster its meeting management offering.

The Bayer Group Pension Plan has moved to paperless trustee board meetings in a switch it says will cut its annual paper usage by 45,000 pages.

Pensions professionals have backed smaller trustee boards, as PP research suggests most in the industry favour boards with six to nine members.

eShare has joined forces with consultant LCP to help deliver and implement its pensions governance software.

Most schemes are not using governance software to manage risk or decision making, despite being aware of its potential, research shows.