CACEIS has partnered with the Pensions and Lifetime Savings Association (PLSA) to provide free education regarding data and custody governance for the second year running.

The data education offered to PLSA members by the company, which will include seminars, webinars, blogs and training materials, will focus on cost transparency and environmental, social and corporate governance (ESG).

Materials will examine what current market practices look like and explore ways in which pensions schemes might best monitor the implementation of their ESG policies.

The cost transparency arm of the training will help PLSA members to make informed decisions about value for money using cost transparency analysis and data, potentially improving member outcomes.

According to CACEIS, investment costs are generally three times higher than trustee estimates, while a scheme’s management costs can account for as much as 25 per cent of the total cost of managing a pension fund.

The custody governance education will focus on the role of custodians within pension funds, including considerations when appointing a custodian and the range of governance services trustees and pension executives can expect.

PLSA chief executive, Julian Mund, said: “With the unprecedented uncertainty we face today, understanding what schemes are invested in, and whether schemes are providing value for money is critical, and I know our members will get invaluable guidance in these sessions.”

CACEIS UK managing director, Pat Sharman, added: “The decision to partner with the PLSA, for the second year running, supports our mission of delivering the right framework and tools for strong governance, helping trustees make effective decisions that drive value for money for their members.”

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