This piece explores the necessity for good governance in the pension industry, serving as a guide to best practice for global schemes. Highlighting Guernsey’s advantages as the global leader for administering global pension schemes, with the GFSC conforming to the highest international standards, establishing Guernsey as a respected jurisdiction for overseas clients. The key drivers of good governance are also outlined, with choice of jurisdiction, stability, clear accountability, reporting, disclosure and a culture of improvement all playing key roles in driving good governance for global pension schemes.
