Company Secretarial Services & Corporate Governance: Trustees must take responsibility for pension scheme governance

Corporate governance focuses on two related issues to protect the shareholder.

James Kavanagh, managing director, Trustee Decisions, and a member of the Corporate Governance Association of Ireland (CGAI) and the European Corporate Governance Institute (ECGI).

For many directors, there is a wide range of duties to shareholders and their companies which are set out in the Companies Act 1963 to the Companies (Miscellaneous Provisions) Act 2013.

In the same way company directors need to be cognisant of these provisions, so too must trustees of pension schemes be mindful of their duties to their beneficial members under the Pensions Act 1990, and the many related Social Welfare Act and ...