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?
Legal & Regulatory Compliance
What are the ERISA fiduciary standards?
How do public retirement systems stay compliant with fiduciary requirements?
What is fiduciary duty in public pensions?
What fiduciary laws apply to state pension systems?
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!