Course Detail

Corporate Governance in the Pension Industry Duration: 1 Week/s

Course Information

  • Course Price £4895 Plus VAT
  • Location UK Courses
  • Course Code CGPI
  • Course Date 26 Oct - 30 Oct 2026

Course Objectives

Pension schemes are long-term promises built on trust, sound governance, and prudent decision-making.
Regulators, sponsors, and members are placing increasing expectations on boards and governing bodies to demonstrate effective oversight, strong controls, and clear accountability.
At the same time, pension organisations face a complex environment of market volatility, demographic change, regulatory reform, climate risk, and technology disruption.
Traditional governance approaches based on informal practices, legacy structures, and minimal documentation are no longer sufficient to meet modern standards or protect member outcomes.
This intensive 5-day programme equips participants with the principles, frameworks, and practical tools required to strengthen corporate governance across the pension industry.
Through case studies, simulations, and structured exercises, delegates will learn how to design and operate governance arrangements that are effective, proportionate, and aligned with regulatory expectations.
Participants will leave with a realistic governance improvement roadmap tailored to their schemes, organisations, and regulatory context.

Who Should Attend

Chairs of trustees and pension boards responsible for scheme governance and strategic direction. Risk, audit, and governance committee members overseeing internal control and assurance frameworks. Senior managers in finance, HR, risk, and corporate affairs who support pension governance and decision-making. Operations and client relationship leaders responsible for delivering services under governance and service agreements. Legal, actuarial, investment, and governance advisers supporting boards and sponsors on governance matters.

Prerequisite Courses

None


Course Overview

Corporate Governance Principles and the Pension Industry Context

  • Delegates will review core corporate governance principles and how they have evolved in financial services and pensions.

  • Participants will examine how ownership structures, regulatory regimes, and stakeholder expectations shape governance in different types of pension entities.

  • They will learn to identify key governance risks and opportunities specific to the pension industry.

  • Corporate Governance Principles and the Pension Industry Context
  • Delegates will review core corporate governance principles and how they have evolved in financial services and pensions.

  • Participants will examine how ownership structures, regulatory regimes, and stakeholder expectations shape governance in different types of pension entities.

  • They will learn to identify key governance risks and opportunities specific to the pension industry.

  • Roles, Responsibilities, and Accountability Frameworks
  • Participants will clarify the respective roles of boards, trustees, management, committees, and advisers in pension governance.

  • Delegates will explore accountability maps, statements of responsibility, and governance charters as practical tools.

  • They will learn how to avoid gaps and overlaps in responsibilities that can undermine effective governance.

  • Board and Committee Structures, Delegations, and Decision-Making
  • Delegates will examine different board and committee structures used across the pension industry and assess their strengths and weaknesses.

  • Participants will explore how to design charters, delegations, and annual calendars that align with strategy, risk, and regulatory requirements.

  • They will learn techniques for improving the quality, speed, and documentation of board and committee decisions.

  • Governance of Strategy, Risk, and Member Outcomes
  • Participants will explore how boards can provide effective oversight of strategy, business models, and long-term sustainability.

  • Delegates will consider how risk, capital, funding, and operational resilience are integrated into governance discussions.

  • They will learn how to keep member outcomes at the centre of governance, including value for money and fairness considerations.

  • Information, Reporting, and Assurance for Boards
  • Delegates will examine what good board and committee information looks like in a pension context.

  • Participants will explore how to improve board packs, dashboards, and management information so that they support effective challenge and oversight.

  • They will learn how to use assurance maps, internal audit, and external reviews to provide independent comfort over key risks and controls.

  • Culture, Conduct, and Conflicts of Interest
  • Participants will review how organisational culture, leadership behaviours, and incentives shape governance outcomes.

  • Delegates will examine the management of conflicts of interest, related-party transactions, and stewardship obligations.

  • They will learn practical approaches to promoting ethical decision-making, speaking up, and member-centric conduct.

  • Regulatory Developments, Codes, and Best Practice Benchmarks
  • Delegates will explore current and emerging regulatory developments, governance codes, and industry guidance relevant to pensions.

  • Participants will benchmark their own governance arrangements against good practice examples from pension funds and other financial institutions.

  • They will learn how to respond to regulatory feedback, thematic reviews, and governance assessments in a constructive way.

  • Governance Reviews, Improvement Plans, and Board Effectiveness
  • Participants will bring together programme insights to design and plan governance reviews and board effectiveness assessments.

  • Delegates will identify practical actions to improve governance structures, processes, and behaviours in their own organisations

  • Corporate Governance Principles and the Pension Industry Context
  • Delegates will review core corporate governance principles and how they have evolved in financial services and pensions.

  • Participants will examine how ownership structures, regulatory regimes, and stakeholder expectations shape governance in different types of pension entities.

  • They will learn to identify key governance risks and opportunities specific to the pension industry.

  • Roles, Responsibilities, and Accountability Frameworks
  • Participants will clarify the respective roles of boards, trustees, management, committees, and advisers in pension governance.

  • Delegates will explore accountability maps, statements of responsibility, and governance charters as practical tools.

  • They will learn how to avoid gaps and overlaps in responsibilities that can undermine effective governance.

  • Board and Committee Structures, Delegations, and Decision-Making
  • Delegates will examine different board and committee structures used across the pension industry and assess their strengths and weaknesses.

  • Participants will explore how to design charters, delegations, and annual calendars that align with strategy, risk, and regulatory requirements.

  • They will learn techniques for improving the quality, speed, and documentation of board and committee decisions.

  • Governance of Strategy, Risk, and Member Outcomes
  • Participants will explore how boards can provide effective oversight of strategy, business models, and long-term sustainability.

  • Delegates will consider how risk, capital, funding, and operational resilience are integrated into governance discussions.

  • They will learn how to keep member outcomes at the centre of governance, including value for money and fairness considerations.

  • Information, Reporting, and Assurance for Boards
  • Delegates will examine what good board and committee information looks like in a pension context.

  • Participants will explore how to improve board packs, dashboards, and management information so that they support effective challenge and oversight.

  • They will learn how to use assurance maps, internal audit, and external reviews to provide independent comfort over key risks and controls.

  • Culture, Conduct, and Conflicts of Interest
  • Participants will review how organisational culture, leadership behaviours, and incentives shape governance outcomes.

  • Delegates will examine the management of conflicts of interest, related-party transactions, and stewardship obligations.

  • They will learn practical approaches to promoting ethical decision-making, speaking up, and member-centric conduct.

  • Regulatory Developments, Codes, and Best Practice Benchmarks
  • Delegates will explore current and emerging regulatory developments, governance codes, and industry guidance relevant to pensions.

  • Participants will benchmark their own governance arrangements against good practice examples from pension funds and other financial institutions.

  • They will learn how to respond to regulatory feedback, thematic reviews, and governance assessments in a constructive way.

  • Governance Reviews, Improvement Plans, and Board Effectiveness
  • Participants will bring together programme insights to design and plan governance reviews and board effectiveness assessments.

  • Delegates will identify practical actions to improve governance structures, processes, and behaviours in their own organisations
    Roles, Responsibilities, and Accountability Frameworks

  • Participants will clarify the respective roles of boards, trustees, management, committees, and advisers in pension governance.

  • Delegates will explore accountability maps, statements of responsibility, and governance charters as practical tools.

  • They will learn how to avoid gaps and overlaps in responsibilities that can undermine effective governance.
    Board and Committee Structures, Delegations, and Decision-Making

  • Delegates will examine different board and committee structures used across the pension industry and assess their strengths and weaknesses.

  • Participants will explore how to design charters, delegations, and annual calendars that align with strategy, risk, and regulatory requirements.

  • They will learn techniques for improving the quality, speed, and documentation of board and committee decisions.

  • Governance of Strategy, Risk, and Member Outcomes
  • Participants will explore how boards can provide effective oversight of strategy, business models, and long-term sustainability.

  • Delegates will consider how risk, capital, funding, and operational resilience are integrated into governance discussions.

  • They will learn how to keep member outcomes at the centre of governance, including value for money and fairness considerations.

  • Information, Reporting, and Assurance for Boards
  • Delegates will examine what good board and committee information looks like in a pension context.

  • Participants will explore how to improve board packs, dashboards, and management information so that they support effective challenge and oversight.

  • They will learn how to use assurance maps, internal audit, and external reviews to provide independent comfort over key risks and controls.

  • Culture, Conduct, and Conflicts of Interest
  • Participants will review how organisational culture, leadership behaviours, and incentives shape governance outcomes.

  • Delegates will examine the management of conflicts of interest, related-party transactions, and stewardship obligations.

  • They will learn practical approaches to promoting ethical decision-making, speaking up, and member-centric conduct.

  • Regulatory Developments, Codes, and Best Practice Benchmarks
  • Delegates will explore current and emerging regulatory developments, governance codes, and industry guidance relevant to pensions.

  • Participants will benchmark their own governance arrangements against good practice examples from pension funds and other financial institutions.

  • They will learn how to respond to regulatory feedback, thematic reviews, and governance assessments in a constructive way.

  • Governance Reviews, Improvement Plans, and Board Effectiveness
  • Participants will bring together programme insights to design and plan governance reviews and board effectiveness assessments.

  • Delegates will identify practical actions to improve governance structures, processes, and behaviours in their own organisations


  • Course Materials

    Course notes, handouts