Good governance

The Regulator’s view is that “Good governance is the bedrock of a well-run pension scheme” and that “Good governance is about having motivated, knowledgeable and skilled trustees in place.  It’s also about having the right structures and processes to enable effective, timely decisions and risk management, and to provide clear scheme objectives”.

It is important that pension scheme governance is discussed at each trustee meeting as the implications of a badly run scheme can be far reaching.  

So what is good pension scheme governance and how might it look on a meeting agenda?