Strategic Pensions Governance

What is Strategic Pensions Governance?

Pension schemes have a huge number of demands to meet with significant compliance requirements, changing risk environments and increasingly sophisticated and complex scheme projects as part of their long-term objectives.  Good pension scheme governance is key to ensuring that the board is efficient in its delivery of key projects in an effective way and that inherit pension scheme risks are mitigated as far as possible.

Aon have a large team of governance professionals with a breadth of experience to deliver strategic pensions governance to ensure that the board has operational resilience and has the appropriate frameworks in place to support the delivery of business as usual and key projects. Aon can support with strategic business planning, policies as part of your Effective System of Governance, governance frameworks for key projects such as endgames, member options and risk settlement, a strategic approach to ESG and DE&I, Trustee training and recruitment and succession planning

Why is Strategic Pensions Governance important?

• Drives better financial outcomes – well governed pension schemes outperform others, thanks to clearer decision-making and risk management
• Boosts operational efficiency – by co-ordinating complex agendas and reducing duplication, strategic governance enables trustees and sponsors to focus on high=impact decisions
• Supports strategic continuity – strategic governance frameworks help maintain long-term focus on goals like de-risking and member engagement, even through leadership or market changes

How Can Aon Help?

We have the experts to support you in identifying your key objectives and putting these into a deliverable plan for execution, at a pace and cost to meet your needs.