Services

Governance

Achievement of best practice

In today's environment where effective risk management controls and procedures are seen as key to well run pension schemes, good governance must be high on the agenda for every trustee body.

However, good governance in regard to occupational pension schemes has never been clearly defined.  So what does good governance look like?  How can trustees be sure that their scheme is being well governed?  How do you demonstrate good governance for a diverse audience comprising the members, advisers (who are all whistleblowers), the scheme auditor and the Pensions Regulator?  How can you be sure that any independent assessment of your existing procedures and controls is truly independent and objective?

Based on its extensive expertise in regard to the provision of trusteeship, secretariat, trustee training and risk management services Pi has established a formal governance service which can help trustees in all of these areas, or in regard to any specific area of concern.  And as a truly independent consultancy, which is free from all issues of self interest, clients can be confident that such a review will be impartial and objective.