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OPDU Report 25
- November 2008 The Raising Standards of Trustee Education (RSTE) campaign aims to improve It consists of volunteers from across the pensions industry who are providing their time and expertise in order to help the campaign source and compile information and guidelines appropriate to trustees of all UK pension schemes - large or small, defined benefit, defined contribution (DC) or hybrid - and make it publicly available via our website, free of charge. None of the guidelines are mandatory, but come with the approval of the senior individuals and organisations involved in the campaign, and of the key industry institutions which support it. Whilst the campaign is focusing on the needs of trustees, it is hoped much of the guidance that we produce will be applicable to governance committees for contract based DC schemes and for the public sector. Currently the campaign is working on three distinct projects with working groups comprising a number of individuals from across the industry who have volunteered to donate their valuable time and energy to this worthy cause: 1.Communications Working Group 3.Trustee Support Working Group 2008 has been a promising year - we have launched our website which contains information on our next steps and we have teamed up with the Raising Standards of Pensions Administration (RSPA) campaign to become a unified body. RSPA promotes the advancement of knowledge and best practice in pensions administration and whilst both organisations will continue to pursue their own aims and objectives, we will work more closely together to promote the common ambition to raise the standards of workplace pensions What can you do? Volunteers… Focus Group Member - A likely end user of the material to be produced by the RSTE campaign, this individual will form part of a group tasked with providing objective opinion by reviewing the work of the Working Groups before final approval. Supporter - An expert in their field, who whilst not able to sign up to a regular commitment of time, is keen to input into specific projects of interest in conjunction with a particular working group for which their input and advice would be valuable. Working Group Member - An expert in their field who can commit 15-20 hours per year in producing and providing material for use by trustees to improve their knowledge and understanding. Ideas… Log on to our website… If you are interested in assisting this valuable campaign by performing any of the roles detailed above or providing any suggestions, please contact Emma Watkins or Emma Watkins |
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