This paper summarises our research into pension scheme governance and delivery models. In previous thought pieces we have considered long-term aims and the financial tools that might be employed to reach Pensions Stability.
In this document we consider how a pension scheme should be organised in order to get the best possible chance of carrying out the tasks necessary to reach that aim. In particular, it considers how governance generally, and processes specifically, can assist or distract defined benefit (DB) pension schemes in achieving their long-term objectives.
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