Saturday, July 16, 2005

Pension Scheme Governance - fit for the 21st century


Governance – the manner or function of governing – is an issue of our times. As organisations and the environment in which they operate become more complex, and as legitimate interests in those organisations become more diversified, how those organisations are governed becomes a more critical issue. From the largest plcs to public sector organisations and the voluntary sector, the pursuit of good governance is a concern to all.

Funded pension schemes – with assets in excess of £700 billion, and whose activities touch the lives of over 20 million people in the UK – cannot, and should not be immune from the pressure to be well governed. They are significant institutions, both in terms of size and the importance of the role that they play.

See full Report, in pdf format.