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What does closing the ‘governance gap’ mean
for you?
As increasing amounts of money are invested into contract-based pension
plans, the need for strong governance takes on increasing importance for
plan sponsors seeking to manage risk.
What the forum will cover
Mercer’s breakfast forum “Closing the governance gap” considers how, as
plan sponsors, employers can embrace the governance role and benefit from
a well-run scheme.
Points for discussion will include:
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The
risks and responsibilities and how these can be effectively
addressed
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The
TPR’s guidelines and views on contract-based
governance
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The
value of operating best practice governance
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A
practical guide to the introduction of a governance
framework
Agenda
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08:30 |
Arrival
& refreshments
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09:00 |
Closing
the governance
gap
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10:30 |
Forum
concludes /
refreshments
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Who should attend
Key personnel involved in the running of an
organisation's contract-based DC pension scheme. We expect demand for places to be high,
please register early to avoid disappointment.
Background to this event
On 31 January 2008, The Pensions Regulator (TPR) released a guide
setting out assistance for employers who voluntarily engage in the
monitoring of contract-based pension provisions.
Download a full copy of this guide.
The guide highlights some of the key benefits to employers who
actively engage in closing the “governance gap”. These include:
- Increased understanding of your scheme,
resulting in prevention of problems that could be costly to put
right.
- Mitigation against the risk that your
scheme is perceived as poor quality and negative impact on
recruitment and retention of staff.
- Improved member appreciation of, and
confidence in, the pension offered and often as a result improved
take-up rates.
- Better control of service issues such as
investment performance and provider service standards.
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