Good governance for pension schemes / Paul Thornton, Donald Fleming.

Format:

Book

Author/Creator:

Thornton, Paul, FIA, author.

Fleming, Donald, author.

Series:

Law practitioner series

Language:

English

Subjects (All):

Pension trusts--Law and legislation--Great Britain.

Pension trusts.

Pension trusts--Law and legislation.

Great Britain.

Physical Description:

1 online resource (xii, 310 pages) : digital, PDF file(s).

Place of Publication:

Cambridge : Cambridge University Press, 2011.

System Details:

text file

PDF

Summary:

Regulatory and market developments have transformed the way in which UK private sector pension schemes operate. This has increased demands on trustees and advisors and the trusteeship governance model must evolve in order to remain fit for purpose. This volume brings together leading practitioners to provide an overview of what today constitutes good governance for pension schemes, from both a legal and a practical perspective. It provides the reader with an appreciation of the distinctive characteristics of UK occupational pension schemes, how they sit within the capital markets and their social and fiduciary responsibilities. Providing a holistic analysis of pension risk, both from the trustee and the corporate perspective, the essays cover the crucial role of the employer covenant, financing and investment risk, developments in longevity risk hedging and insurance de-risking, and best practice scheme administration.

Contents:

Introduction / Paul Thornton and Donald Fleming

Regulatory and supervisory context for occupational pension provision / John Ashcroft, Juan Yermo and Fiona Stewart

Pension funds and the capital markets / Barry Riley

Social responsibility and fiduciary duties of trustees / Paul Watchman

Good trusteeship / Eddie Thomas

Conflicts of interest / Ian Gault, Samantha Brown and Susanne Wilkins

The pension schemes in the employment package / Wyn Derbyshire, Stephen Hardy and David Wilman

Employer support and the development of the sponsor covenant concept / Paul Thornton and Donald Fleming

Establishing the funding requirements of pension schemes / Martin Slack

Effective oversight of pension administration / Avgi Gregory

Investment governance of defined benefit pension funds / Roger Urwin

Hedging investment risk / David Konotey-Ahulu

Managing longevity risk / Chinu Patel

The role of insurance in the occupational pensions market / David Collinson

Pensions : a corporate perspective / David Blackwood

A note on the investment management of defined contribution schemes / Paul Thornton

Effective investment governance in defined contribution schemes / Dietrich Hauptmeier and Graham Mannion

Inside pension scheme governance / Simon Deakinches.

Notes:

Title from publisher's bibliographic system (viewed on 05 Oct 2015).

Other Format:

Print version:

ISBN:

9781139003643

Access Restriction:

Restricted for use by site license.