Member representation does not have to fade away

Daniela Silcock looks at how overseas schemes build the member voice into governance

clock • 4 min read
Daniela Silcock: The erosion of member voice is not inevitable
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Daniela Silcock: The erosion of member voice is not inevitable

Member representation on pension trustee boards is declining, not because anyone has shown that member representation no longer matters, but because pension schemes are consolidating into fewer, larger arrangements.

Master trusts, defined benefit consolidators and other large-scale structures can improve efficiency and support stronger systems and oversight, but they reduce the share of schemes where member-no...

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