FOR MANY employees, pension benefits represent far more than money. They represent years of service, financial sacrifice and, ultimately, retirement security.For employers, however, pension benefits have at times also been viewed as a mechanism through which losses caused by employees…

In pension fund governance, few phrases carry as much weight, or pass with as little resistance, as “in the best interest of members”. It is the standard against which decisions are justified, strategies are defended, and outcomes are explained. Yet,…

A quiet tension exists in the administration of retirement funds, one that only truly reveals itself at the most vulnerable moment: death. It is in that moment, when a member is no longer here to speak for themselves, that the…