Archive for the Governance Category

Risk taking in recessions

Posted in Business, Governance, HR, Leadership, Management, Press, Risk with tags , , , on June 23, 2008 by katephiz

Another comment on the Personnel Today Workplace Clinic blog, which this time expanded upon in my General Business Administration blog.

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DC pension governance

Posted in Governance, Management, Pensions, Press, Professional Pensions with tags , , , , , on July 31, 2007 by katephiz

The Professional Pensions July special DC supplement quotes my view on goverance arrangement for contract-based DC schemes, including the follow remark:
 

In the world of DC, the key issues are again asset management and investment options, but also communications and administration. A properly constituted governance committee, backed by new regulatory powers to give them real authority to force change where necessary, can offer effective and independent oversight in these areas.

Comment on Regulator’s governance survey

Posted in Business, Governance, Operations, Pensions, Press, Risk with tags , , , , , , , , , , on July 16, 2007 by katephiz

Press comment on the Regulators annual survey of governance with full text reported here. Various excerpts picked up and quoted by the press. For the benefit of the press I summaried my detailed commentary as follows:

“The survey reports encouraging progress in several areas, including conflict awareness and the evaluation of the employer covenant. It also highlights a number of areas where general practices remain weak, namely Advisers, Risk Management and Administration. Whilst we expect to see developments in these areas over the next 12 months, the focus for trustees should be to ensure they have good governance structures in place and the rest will follow. As well as delivering a well run scheme, this will protect their position with the Regulator.”

Home movers risk identity fraud

Posted in Governance, IT, Management, Pensions, Pensions Management, Press, Risk with tags , , on April 27, 2007 by katephiz

Press comment in the April 2007 edition of Pensios Management

… the results were unsurprising. “there are some schemes that are in a total mess – you have administrators making up records because they are going into wind-up and they just want to get it sorted somehow …

Time for some focus

Posted in Governance, Management, Pensions, Press, Professional Pensions with tags , , , on April 26, 2007 by katephiz

Press comment in Professional Pensions

…in our experience trustees remain passionate about looking after their members; there is no reason to doubt that governance committees would be less diligent…”

Governance Consulting

Posted in Consulting, Employee benefits, Financial controls, Governance, IT, Management, Operations, Pensions, Press, Process, Risk with tags , , , , , on December 13, 2006 by katephiz

Press release annoucing the launch of LCP’s Governance Consulting Practice for which I am one of the two senior contacts.
The launch consolidates work to produce a manual for clients on how to undertake a risk management exercise.

DC Governance

Posted in Financial controls, Governance, Pensions, Press, Professional Pensions with tags , , , on October 30, 2006 by katephiz

Comment in the special Professional Pensions DC supplement on improving governance relationships in contract-based DC arrangements.  Excerpt as follows:

Some companies, especially those which have switched from trust-based schemes to contract-based schemes, have internal groups which consider how well the contract-based scheme is being run, albeit without direct responsibility…