UK - Investment strategy is the most important issue facing trustees, a new survey shows.
PricewaterhouseCoopers asked schemes to set out the most important issues facing their trustees.
Investment strategy was identified by some 85% of respondents ahead of pensions governance and effective trusteeship with 56%.
PwC partner Peter Tompkins said that before Paul Myners’s report corporate governance was unlikely to have been mentioned as an issue, which meant that many schemes were grappling with new questions.
The survey showed member communication third with 53% and deficits (44%).
Tompkins added: “A number of scheme trustees face the challenge of communicating a negative message, following a prolonged period of falling stockmarkets.
“Those trustees operating in a world of deficits are having to be alert to the needs of a range of stakeholders.”
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