Is your governance really ticking all the boxes?

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Trustees must never lose sight of the member but may need to redirect their gaze
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Trustees must never lose sight of the member but may need to redirect their gaze

Schemes may have had a trustee board structure in place for 50 years, but is it really ticking all the governance boxes in the current – and increasingly onerous – regulatory environment, asks Karen Parry.

Governance has always been a central tenet of defined benefit (DB) schemes, but there simply isn't the time any more to let things run their course and hope that everything turns out alright on the night....

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