Pension funds governance: an overview of the role of trustees
by Nada Kakabadse, Andrew Kakabadse
International Journal of Business Governance and Ethics (IJBGE), Vol. 1, No. 1, 2004

Abstract: The Myners Review of the pension fund industry has started a debate on pension fund governance and the fund industry itself. This paper provides a review of pension fund trusteeship in the UK, its role, operating models and impact. It argues that deficiencies in the systems uncovered by the Myners Review stem from a tension between conflicting philosophies – that of trusteeship built on stakeholder principles but operating in shareholder markets.

Online publication date: Wed, 14-Jul-2004

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