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Nicole Johannesen: The importance of having the right procedures, people and purpose in place.
An effective and diverse trustee board is essential for good governance and decision-making. The Pensions Regulator (TPR) asks all boards to reflect on their performance, and advises that when recruiting and selecting trustees, schemes must ensure they have the necessary skills, knowledge, and experience.
American psychologist Abraham Maslow devised a ‘Hierarchy of Needs' model to rank human needs from the most basic to the most advanced. My pensions version of this model to ensure an effective trus...
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