Following the start of the lockdown, Trustees will have received assurances from their advisors that the restrictions on everyday life, put in place following the outbreak of the COVID-19 pandemic, have not affected the key operations of their scheme.
We have provided a summary of some of the governance issues and risks that Trustees should consider to ensure that the scheme objectives continue to be met, and facilitate the smooth operation of their scheme:
We believe that the continued success of your pension scheme in providing the best possible outcomes for members, is dependent on ensuring that you have considered the effect of the current situation on these five main areas.
In the coming weeks we will providing you with further insight into each of these areas to assist you in this process but if you wish to discuss this further then please contact us.
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