The Pensions and Lifetime Savings Association (PLSA) has announced the new chairs for its defined benefit (DB) and defined contribution (DC) councils, effective from October.
The relationship between consultants and trustees must become more candid and challenging if real improvements are to be made, according to Redington director of strategy Paul Richards.
Jonathan Stapleton speaks to the RMPP about how it improved its governance processes, implemented a risk management and modelling system and overhauled communications with members.