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September 2003
By Gordon M. Hall, FSA, FCIA, MAAA While recent high-profile corporate failures have focused attention on pension governance, its importance transcends fleeting media headlines. Pension funds are of long-term significance to the organizations that sponsor them, to the capital markets in which they are a prominent element, and to the employees who are protected by them. For many current and imminent retirees, their pension entitlement could well be their largest personal asset. Without sound pension governance, this asset is at risk. As a board of directors of a sponsoring organization you bear ultimate responsibility. What can you do to protect it? 20 Questions Directors Should Ask about their Role in Pension Governance calls for enhanced leadership by boards. To exercise that leadership, boards need to be knowledgeable about the issues and developments in this complex area. This guide will assist them in obtaining and applying that knowledge. Purchase a hard copy Download a soft copy |
