Trustees must go beyond monthly investment sub-committee meetings and put more decision-making structures in place to improve governance standards, delegates at the Professional Pensions investment conference heard.
Aon Hewitt global investment practice principal Tim Currell said: “For those that want to maximise their efficiency and effectiveness but do not want to delegate, monthly investment sub-committee meetings...
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Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point