Great pension scheme governance doesn’t just ensure you’re complying with all the legislation you need to. It also helps drive increased efficiency in pension scheme management, improvements in value for money and strengthens member engagement.
Meet our pension governance experts
Whether you have a defined benefit (DB) or defined contribution (DC) pension scheme, our extensive experience of pensions management and scheme governance means we can help with:
- advice on understanding pensions governance requirements and practical measures to meet them
- setting a governance strategy for your scheme and creating a framework for monitoring & managing pension scheme governance
- reviewing operational effectiveness, eg internal controls & compliance with The Pension Regulator’s general code
- assistance for pension trustees in the formulation of policies on conflicts of interest, internal disputes procedures etc
- workplace DC pensions governance services for employers and for pension providers
Our range of pension governance services includes:
Governance consulting
Governance consulting
We help pension trustee boards, pensions managers and in-house pensions teams with a range of strategic and operational support, including:
- cost efficiency/reduction planning
- process, procedure & policy reviews
- scheme compliance health checks
- member communications strategy
- member nominated trustee (MNT) election/selection processes
- trustee board effectiveness
- pension adviser reviews
- interim resourcing & pension project management
Trustee executive
General code compliance
Pension scheme secretary
Sustainability
Equity, diversity & inclusion
Equity, diversity & inclusion
We help pension trustees understand equity, diversity & inclusion (EDI) in the context of your pension scheme and how to put proportionate, sensible actions into action.
Our EDI services include:
- trustee training on what EDI actually means
- assessing trustee board effectiveness, succession planning & trustee selection
- strategic action planning for continuous improvement
- providing tools and enhanced support to implement agreed actions
- reviewing member communications & the supporting strategy
Take a look at our guide to EDI for pension trustees and pension managers or find out more about how EDI training benefited the Samworth Brothers pension trustee board.
Interim resource & pension project support
Adviser reviews & benchmarking
Fiduciary manager selection
Trustee board effectiveness
Master trust transitions
Workplace DC pension scheme governance
Case study
One of our clients had four separate defined benefit (DB) pension schemes with different pension trustee boards and only a few common advisers.
This case study shows how we maximised efficiencies by creating a common pension trustee board across the schemes, the challenges we had to overcome to make the new structure a success and the benefits gained by the client.
View our latest insights
Exclusive insights from our governance experts at Vidett.
To find out more about how our award-winning
pension scheme governance services team can support your needs, contact us today.
