22 April 2026
ZEDRA, award-winning provider of pension and incentive services, today said that in an environment marked by ongoing political and market volatility, trustees must prioritise governance standards to continue ensuring strong protection for members.
Paul Ratcliffe, Director of Client Services at ZEDRA Inside Pensions, commented: “Recent volatility has highlighted how quickly circumstances can shift and how exposed schemes can be without robust governance in place. Trustee boards are having to respond to a range of evolving risks, from market volatility to digital threats and the growing prevalence of scams targeting pension schemes and their members. Against this backdrop, preparedness remains a key pillar of effective scheme oversight. This includes considering how boards would function in the event of unforeseen disruption – such as technology outages, data breaches or the loss of key individuals – as well as ensuring appropriate succession planning and continuity arrangements are in place.
“Trustees are operating in an environment where uncertainty shows little sign of easing, placing greater emphasis on the strength of governance frameworks. Most boards already have solid foundations in place, but it is increasingly important to think about resilience in practical terms, how the board would continue to operate if key people or systems were unavailable. Strong governance is also an important line of defence against increasingly sophisticated scams.”
Ratcliffe added: “This is not about major change, but about making the right changes. Schemes must ensure effective structures, plans and safeguards are in place. Taking relatively small steps now can make a meaningful difference when it matters most. In an uncertain environment, strong governance is what enables trustee boards to respond with confidence and, most importantly, better protect member outcomes.”
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