Governance

In broad terms, trustees need to be clear on:

• Which investment decisions they can make;
• When they need to seek investment advice;
• When, and on what terms, they should delegate investment decisions; and
• If they have clearly recorded all of the decisions taken.

We can guide trustees through the plethora of investment-related governance issues making clear what is mandatory, what is voluntary, and what, in our experience, is deemed best practice.

We use the LCP Online Governance System to support delivery of these services.

As part of our investment research programme, we devote considerable time to ESG matters. This includes discussion on these topics - and their importance in the investment process - with a wide range of managers and other industry contacts.