Majority of schemes have not acted on all top three governance expectations

WTW report finds schemes have ‘high ambitions but slow progress’ on governance

Jasmine Urquhart
clock • 3 min read
Majority of schemes have not acted on all top three governance expectations

Less than one third (30%) of schemes have taken action on each of the top three governance expectations ahead of The Pensions Regulator’s (TPR) General Code of Practice, according to a report by WTW.

The Trustee Governance Report 2023 found that the majority (72%) of schemes said they were either aiming to be 'best in class' or 'better than many schemes' on governance. However just 6% had co...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Industry

Incisive Media launches account-based advertising service for financial service sector

Incisive Media launches account-based advertising service for financial service sector

New platform combines three decades of industry data with multi-channel precision to deliver measurable pipeline growth

clock 06 February 2026 • 2 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

LGPS reforms, DB member confidence, Scottish Widows private market investment options

Professional Pensions
clock 06 February 2026 • 1 min read
News Digest: University worker sued because pension wasn't vegan; The impact of salary sacrifice changes

News Digest: University worker sued because pension wasn't vegan; The impact of salary sacrifice changes

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 06 February 2026 • 1 min read
Trustpilot