From the blog: Good governance is the bedrock of a properly functioning trustee board. However, it is evident that trustees are struggling under a governance burden, which stems from the need to comply with increasing legal requirements and ever more Pensions Regulator publications.
This takes already limited trustee time away from the issues that really matter, in particular: strategy, investment and proper engagement with members.
However, trustees can follow a blueprint for easing regulatory overload by making changes to their approach to governance in three main ways.