Effective pension oversight is essential for achieving positive member outcomes and providing adequate support into retirement. The most efficient schemes are those with clearly defined objectives and strong oversight of their pension offering. 

Our recent interview highlighted how introducing an effective oversight committee has enhanced engagement and improved retirement outcomes for Volvo's employees.

During the discussion, Mark Stansfield, Actuarial Consultant at Hymans Robertson, and David Onion from Volvo, delved into: 

• The reasons behind Volvo's oversight committee.
• The biggest achievements of the oversight committee.
• How employee outcomes and engagement have improved. 
• What’s next for the oversight committee.