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Board structure and activities

How the governing body of a workplace pension should be set up including making appointments, the role of the chair, and meetings and decision making.

Important

Early draft of the code of practice

This code is not in force yet. It is an early version for the new code of practice consultation.

To give us feedback on issues such as the design, usability and navigation of this code, email us at webfeedback@tpr.gov.uk.

You can also read more information about the consultation.

Role of the governing body

The role of the governing body of a pension scheme and the expected standards and behaviours that board members should meet.

Recruiting to the governing body

How governing bodies of pension schemes should appoint their members.

Member-nominated trustee appointments

Making sure the the governing body meets member-nominated trustee requirements and uses a clear process for new appointments.

Role of the chair

The skills and behaviours needed to be an effective chair of a governing body.

Meetings and decision making

Making sure meetings of the governing body are run effectively and decisions are made and recorded.

Remuneration policy

How a governing body should record its policy for making payments to those who run the scheme.