To do the best for members, Karein Davie asks if there are other tips that can be taken from the way that a corporate operates?

As a corporate adviser, it always surprised me that it was often the corporate who was driving the strategy on pensions. Strategies presented by the corporate sponsor to the trustees – aimed at de-risking and moving towards self sufficiency or buy-out, for example – could equally have been developed by the trustee board. I would encourage trustees, for whom the members’ interests are the top priority, to be the ones driving the pensions agenda and taking ideas to the sponsor to develop together.
 
To do the best for members, I wonder if there are other tips that we can take from the way that a corporate operates?
 
This blog first appeared in Pension Funds Insider. To continue reading, please click here.