FAQs

Governance Framework

  • What are fiduciary duties and responsibilities?

  • How can public pension governance be improved?

  • How can boards ensure oversight and compliance?

  • What are the investment policy best practices for pension plans?

  • How should pension boards manage fiduciary risk?

  • What actuarial assumptions impact pension funding?

  • How can fiduciaries manage conflicting stakeholder interests?

  • How can fiduciaries handle ethics and conflicts of interest?

  • How can trustees improve strategic planning and decision-making?

  • How should performance monitoring and oversight be conducted?

  • What legal standards apply to public pension fiduciaries?

  • How can pension plans achieve transparency and accountability?

  • How do internal control frameworks like COSO help pension fiduciaries?

  • How should trustees engage stakeholders and manage communications effectively?

Governance and Oversight

  • Where can I get training on public pension governance?

  • What are the fiduciary responsibilities of pension boards?

  • What are the best practices for pension trustee governance?

  • How can pension board members improve oversight?

Investment Oversight

  • How can fiduciaries receive training on pension investments?

  • How should public pensions oversee investments?

  • What investment responsibilities do pension fiduciaries have?

  • How can pension trustees understand investment policy?

  • How should fiduciaries handle asset allocation?

Risk Management & Due Diligence

  • Where can fiduciaries learn about risk management?

  • How should pension trustees conduct due diligence?

  • How can public pensions manage fiduciary risk?

  • What training is available on fiduciary risk oversight?

How Can Your Board Adapt?

Board Smart™ helps your board meet these challenges head-on by providing accessible, customizable, and comprehensive online fiduciary education. Let us support you in developing stronger governance practices for today and tomorrow!