SPP issues AI governance framework for pension schemes

Trustees should update existing policies to reflect ‘everyday reality’ of operations

Alex Levy
clock • 3 min read
Jo Fellowes: AI is already embedded across the value chain, and its governance is therefore an inherent part of acting prudently in members’ interests
Image:

Jo Fellowes: AI is already embedded across the value chain, and its governance is therefore an inherent part of acting prudently in members’ interests

The Society of Pension Professionals (SPP) has released a framework for artificial intelligence (AI) governance across the pensions industry.

The paper – Governance in the Age of AI – emphasises that decisions made by schemes about the use of AI fall under the existing fiduciary duties of trustees, despite a lack of dedicated new regulat...

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

More on Industry

United Glass Pension Scheme completes £240m buy-in with L&G

United Glass Pension Scheme completes £240m buy-in with L&G

Transaction secures the benefits of 1,700 scheme members

Holly Roach
clock 02 November 2026 • 2 min read
AMNT opens membership beyond MNTs for first time

AMNT opens membership beyond MNTs for first time

Constitutional change decided as member voice ‘in danger of being drowned out’

Alex Levy
clock 02 November 2026 • 1 min read
Dashboard deadline imminent with schemes told to be operationally ready

Dashboard deadline imminent with schemes told to be operationally ready

The deadline for connecting to the dashboard ecosystem is tomorrow

Holly Roach
clock 30 October 2026 • 2 min read
Trustpilot