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date: 24 November 2009

embargo: For immediate release

TUC welcomes Pensions Regulator's campaign on good pension scheme governance

Commenting on the launch of The Pensions Regulator's campaign to encourage good governance and administration of pension schemes, TUC General Secretary Brendan Barber said:

'The TUC welcomes the Pension Regulator's campaign highlighting the importance of good pension scheme governance and administration. Trustees play a vital role in the governance of scheme assets and this initiative seeks to support trustees in fulfilling this role effectively.

'The TUC believes that member nominated trustees bring an invaluable member perspective to the good governance of pensions and we continue to campaign for their representation on trustee boards to be raised to 50 per cent.

'In a time of financial upheaval and uncertainty around pensions, a strong member voice is more important than ever.'

NOTES TO EDITORS:

- Further information on The Pensions Regulator's campaign is available at www.thepensionsregulator.gov.uk/safe

- The TUC supports a network of 1,000 trade union trustees. It provides newsletters, events, briefings and training for members of the network and acts as a point of contact and advice for union trustees.

- Further information is available at www.tuc.org.uk/pensions

- All TUC press releases can be found at www.tuc.org.uk

- Register for the TUC's press extranet: a service exclusive to journalists wanting to access pre-embargo releases and reports from the TUC. Visit www.tuc.org.uk/pressextranet

Contacts:

Media enquiries:
Rob Holdsworth T: 020 7467 1372 M: 07717 531150 E: rholdsworth@tuc.org.uk
Elly Brenchley T: 020 7467 1337 M: 07900 910624 E: ebrenchley@tuc.org.uk

Press release (300 words) issued 24 Nov 2009