Trustee Effectiveness Review
When asked what keeps them awake at night, pensions trustees regularly cite issues such as lack of time, resources, knowledge and information.
In other words, they worry about their collective ability to make informed and timely decisions and implement them effectively. At Aon our definition of good governance focuses on exactly this — that is, having the right structure, the right processes and the right people involved in running the pension scheme; with the right skills to not only mitigate the risks the scheme face but also to capitalise on any transient market opportunities.
Aon carry out trustee effectiveness reviews from two perspectives:
- A traditional review where we focus on the structure and processes of the scheme and;
- A forward looking review capturing the collective skills of the board (both behavioural and technical) as well as how effective the board decision making is.
to find out more about our Trustee Effectiveness Review
Aon Hewitt Limited is authorised and regulated by the Financial Conduct Authority.