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Defined Benefit Governance made simple

07 October 2010

The National Association of Pension Funds (NAPF) is today (Thursday) publishing a new guide to help pensions trustees, company executives and pensions managers understand better the governance structures of defined benefit schemes.

The guide, Defined Benefit Governance Structures made simple, covers a wide range of tasks and decisions undertaken by trustee boards, and looks at some of the key issues, considerations and possible solutions for schemes.

The guide, which is sponsored by BlackRock, MN Services, P-Solve, SEI and is written by Spence Johnson, is part of the NAPF’s well-known made simple series.

It offers, in a clear and straightforward way, key information on governance and how it has evolved in recent times, the challenges that trustees are facing today, and the core tasks relating to good governance.

Joanne Segars, Chief Executive of the NAPF, said:

“Pension scheme trustees and pensions managers need to keep up to date with the recent developments in governance.

“Our new guide seeks to help all those involved in the management of defined benefit pension schemes with key information on how governance can help reduce risk by increasing the control trustees have over their schemes.”

Defined Benefit Governance Structures made simple guide will be officially launched at the NAPF’s Annual Conference in Liverpool (NAPF stand) at 5.40pm on Thursday 7th October (today).

The guide (hard copy) costs £18 for NAPF members and £35 for non-members. It can be ordered online at https://ols.napf.co.uk/membersarea/shop/layout6.asp

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