Trust Associates' newsletter

September 2009

• Newsletter contents page
  
  
• Trustees for the new Personal Accounts Scheme- Trust Associates is working with the DWP and Hays Executive in a search for trustees to be appointed to the Board of the Trustee Corporation, a new body that will run all aspects of the Personal Accounts Scheme. This is the new national pension scheme which will be launched in 2012 when workplace pension reforms place a new duty on employers to automatically enrol all workers into a workplace pension. We are leading the search for a Chair, Deputy Chair and four further members of the Board and would like to hear from candidates who are interested in being considered for these high profile positions. Click here to read more.
  
  
• Manager evaluation - Trust Associates has formed a joint venture with PiRho Investment Consulting to offer a specialist, independent manager evaluation service to the boards of investment companies. The AIC Code of Corporate Governance states that it should become best practice for boards to review annually the performance of their manager and also that they should consider the merit of a regular independent appraisal, which can often be beneficial for the relationship between a board and their investment manager, especially where any embryonic problems exist. Click here to find out more.
  
  
• Walker Review of Corporate Governance-Sir David Walker’s draft report on his Review of Corporate Governance was published in July this year, with the final report expected to be published in November. In this article we highlight the proposals that are likely to have an impact on the boards of investment companies. Click here to read the full article.
  
  
• Feedback - email us your views on anything you have read in this newsletter or on anything else in the sector that you would like us to look at. Click here to send us your feedback.