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Governing body: detailed guidance

Skills and knowledge required by those running pension schemes and the structure, systems and controls they should have in place to manage risks and conflicts of interest, and provide value for members.

Equality, diversity and inclusion (EDI)

Why improving EDI is important for pension schemes and practical ways to improve EDI on the governing body.

Lump-sum death benefits

Whether lump sum death benefits can be provided from a scheme or whether to set up a separate scheme that only provides these benefits.

Relations with advisers

Key issues for trustees to consider when they are appointing and working with advisers to their scheme.

Scheme management skills for DC pensions

Make sure your trustee board has the right governance and the skills and knowledge to work well together, and with pension scheme advisers, so that good decisions are made and members’ interests are protected.

Trustee board for DC pension schemes

Make sure you have the right people on the trustee board and a strong chair of trustees so that your pension scheme can be well governed and members’ interests are protected.

Trustee guidance

Some of the wide-ranging responsibilities placed on pension scheme trustees and some of the powers they usually have.

Trustee knowledge and understanding

Requirements that trustees have knowledge and understanding of areas such as the law relating to pensions and trusts, the principles relating to funding pension schemes and the investment of scheme assets.

Value for DC scheme members

Legal obligations to assess value for members and understanding what elements contribute to the value that members get from a defined contribution pension scheme.

Trustee Toolkit online learning

Free online learning for trustees of pension schemes. You must log in or sign up to use the Trustee Toolkit.

Trustee Toolkit