Half of trustee boards do not review themselves

James Phillips
clock • 2 min read
Half of trustee boards do not review themselves

Only half of trustee boards currently review their own effectiveness on an annual basis, adding pressure to any preparations for Own Risk Assessments (ORAs), according to Willis Towers Watson (WTW).

In addition to this, just three in ten boards appoint some form of external reviewer to conduct the assessment, as could be mandated in the future. The Pensions Regulator (TPR) has proposed ORAs for...

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