As PLSA members know, good governance is the foundation of success. That’s true for people running pension schemes and for the Association that represents them.
We’ve making changes to our governance. See here for more information.
The Board makes sure that the voice of pensions and lifetime savings in the UK has a clear strategy and the necessary resources to fulfil it. It reviews our financial performance and the effectiveness of our lobbying, events, training and membership products and services.
The Board delegates decisions on pensions policy to our Councils, the main policy-making bodies through which the PLSA develops and agrees policies on behalf of our 1,300 members. Councils are where members can help influence policy on a wide range of pensions and related issues and contribute to the PLSA’s policy positions.
The Defined Benefit Council is responsible for the Association's DB policy-making and the Defined Contribution Council for the Association's DC policy-making. We also have a Master Trust Committee, which operates at a level equivalent to Councils.
The Executive Committee is responsible for the day-to-day management of the Association and its Executive Directors sit on the Board.
Our Articles of Association set out how we govern the PLSA.
The Articles require the Board to publish Rules in certain areas. We have published rules on our Board and Councils and on our Membership and Subscriptions.