CACEIS has continued its partnership with the Pensions and Lifetime Savings Association’s (PLSA) for the second year running to provide data and custody governance education.
By partnering with the PLSA to offer free training on governance, incorporating environmental social and governance (ESG) and cost transparency data and custody, CACEIS can help trustees have better visibility and governance of their pension schemes.
Pat Sharman, CACEIS’ UK managing director, explained the decision to partner with the PLSA, supports its mission of “delivering the right framework and tools for strong governance, helping trustees make effective decisions that drive value for money for their members”.
CACEIS launched the UK’s first Pensions Transparency Dashboard in 2017 and has since found that investment costs are generally three times higher than trustee estimates.
Meanwhile, a scheme’s management costs can account for as much as 25 percent of the total cost of managing a pension fund, CACEIS identified.
Sharman commented: “Our education programme this year will focus on data and custody governance – for data, we’ll take a deeper look at emerging trends in ESG and cost transparency and for custody, we will explore the important role custodians can play for pension funds.”
Julian Mund, chief executive of PLSA, commented: “The PLSA is delighted to be working with CACEIS as our educational partner for the second year running. Free to members, CACEIS will share their expertise on governance, with a focus on ESG, cost transparency and custody.”
“With the unprecedented uncertainty we face today, understanding what schemes are invested in, and whether schemes are providing value for money is critical, and I know our members will get invaluable guidance in these sessions,” Mund added.
