SPP: Engaged trustees in well-governed schemes directly impact member outcomes

James Phillips
clock • 3 min read

Governance issues can directly impact the outcomes and value for money experienced by defined benefit (DB) scheme members, according to a paper from the Society of Pension Professionals (SPP).

A scheme's approach to communication, decision-making and member options exercises can each impact the amount of money a member gets in retirement, even if the benefit design is the same. In its...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Defined Benefit

DB schemes remain on course for buyout

DB schemes remain on course for buyout

Funding levels dipped by 5% in November but continued to show a strong surplus

Martin Richmond
clock 01 December 2022 • 2 min read
Champion: "This year’s market volatility and challenging macroeconomic environment have tested fiduciary managers"

AUM in FM market decrease by 5% amid rise in gilts

Market growth remains below pre-Covid levels despite 7% increase in mandates

Martin Richmond
clock 30 November 2022 • 2 min read
Tender Watch: Maps seeks assessment service provider

Tender Watch: Maps seeks assessment service provider

Successful bidder will enable Maps to provide oversight of its standards and sub-standards

Professional Pensions
clock 29 November 2022 • 1 min read
Trustpilot