pension governance

Pension governance involves the systems and processes that ensure a pension fund is managed responsibly, fairly, and transparently. It includes setting policies, overseeing investments, managing risks, and ensuring that members' benefits are secure and paid on time. Good governance involves multiple stakeholders—such as trustees, regulators, and investment managers—working together to make informed decisions that protect pension assets and align with members' best interests. Overall, it’s about ensuring the pension scheme is operated ethically, efficiently, and sustainably for current and future retirees.