Thornton, Paul creator author. Fleming, Donald author. text enk 2011 monographic eng

electronic

1 online resource (324 pages) : digital, PDF file(s). Regulatory and market developments have transformed the way in which UK private sector pension schemes operate. This has increased demands on trustees and advisors and the trusteeship governance model must evolve in order to remain fit for purpose. This volume brings together leading practitioners to provide an overview of what today constitutes good governance for pension schemes, from both a legal and a practical perspective. It provides the reader with an appreciation of the distinctive characteristics of UK occupational pension schemes, how they sit within the capital markets and their social and fiduciary responsibilities. Providing a holistic analysis of pension risk, both from the trustee and the corporate perspective, the essays cover the crucial role of the employer covenant, financing and investment risk, developments in longevity risk hedging and insurance de-risking, and best practice scheme administration. Paul Thornton, Donald Fleming. Title from publisher's bibliographic system (viewed on 09 Oct 2015). KD3132 .T48 2011 344.4101/252 9781139003643 (ebook) http://dx.doi.org/10.1017/CBO9781139003643 http://dx.doi.org/10.1017/CBO9781139003643 UkCbUP 110124 20180107143414.0 CR9781139003643