Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013
Announcement

30054

Buck launches governance toolbox

RELATED TOPICS​

Buck, a consulting, administration, and technology services firm specialising in pensions and employee benefits, has launched a governance toolbox to help pension schemes meet The Pensions Regulator’s governance standards.

The toolbox aims to address all elements of The Regulator’s governance programme in a simple, insightful way to provide support to pension schemes’ trustees and deliver better outcomes for members through effective management.
 
The governance toolbox uses a four-step assessment process that provides a comprehensive review of all aspects of a scheme’s governance, identifies areas for development, offers scheme-specific recommendations, and helps trustees implement cost-effective solutions in areas where improvement is needed. It also identifies and meets trustee training requirements, evaluates the risks and controls in place for individual schemes, and documents short- to long-term priorities for schemes to meet governance standards.
 
Vishal Makkar, Head of Retirement Consulting in the UK at Buck, says: “Since the launch of The Pensions Regulator’s governance programme, there has been increasing scrutiny of the management, responsibilities, and objectives of pension schemes across the UK. Buck’s governance toolbox highlights areas where action is required and provides access to the tools that address ‘red flagged’ areas, giving trustees access to the resources they need to understand what good governance looks like, quickly establish a robust governance structure within their own schemes, and resolve any outstanding issues in their schemes – meaning better outcomes for the people that matter most: pension scheme members. Governance doesn’t have to be complicated.”

Latest News

Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15..
New analysis by London-based Nickel Digital Asset Management reveals 38 listed companies with a combined..
Bloomberg has announced that for the first time, its proprietary Bloomberg Second Measure (BSM) transaction..

Related Articles

Global ESG Investing
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of climate change and ESG factors in state policymaking...
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of..
Trends
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100 million deals announced this month alone...
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100..
Different flavours
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led, multi-boutique global asset manager with over USD20 billion under management, recently undertook a survey with 204 UK investment professionals, seeking insights into their perceptions and attitudes towards boutique asset managers...
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led,..
UK map
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be worth billions of pounds in the coming years...
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by