Smart Insights
ESG Is Dead. Long Live ESG.
By Keith Johnson, Rick Funston, and Tiffany Reeves
Guidance for US pension fiduciaries on regarding environmental, social, and governance (“ESG”) investing.
Five Keys to Improving Board Effectiveness in Public Retirement Systems
By Rick Funston and Jon Lukomnik
The first article in a series of six on improving board effectiveness and good governance.
Conduct the Business of the Board
By Rick Funston and Jon Lukomnik
The second article in a series of six on improving board effectiveness and good governance.
Set Direction and Then Prudently Delegate
By Rick Funston and Jon Lukomnik
The third article in a series of six on improving board effectiveness and good governance.
Approve Key Decisions
By Rick Funston and Jon Lukomnik
The fourth article in a series of six on improving board effectiveness and good governance.
Oversee Execution
By Rick Funston and Jon Lukomnik
The fifth article in a series of six on improving board effectiveness and good governance.
Verify Then Trust
By Rick Funston and Jon Lukomnik
The sixth article in a series of six on improving board effectiveness and good governance.
Faculty Member’s Indirect Path to Pension Fund Investing and Governance
Tiffany Reeves is a Board Smart faculty member and wrote a popular Talk, entitled “Governance Policies.” In her “day job,” she is a shareholder with Reinhart Law in the Employee Benefits and Institutional Investor Services practices. Tiffany’s path to working with pension funds, however, wasn’t a straight one.
Revisiting the Importance of Balance
By Lisa Morris
Successful pension plan boards work together to meet all fiduciary responsibilities by leveraging the balance that comes from the diversity of education, experience, and abilities.
The Board’s Focus on Strategy
By Randy Miller
One of the key responsibilities of a retirement system Board of Trustees is setting the strategic and policy direction for the organization.
Setting the Course
By Jon Lukomnik
To navigate a constantly shifting landscape of potential obstacles, trustees need to remember their one purpose, which is offsetting current and future pension obligations.
Trust But Verify: The Role of the Fiduciary Board
By Rick Funston
To understand the critical role of the board, it is important to explore how boards fulfill their fiduciary duties, how they set direction and policy, when and how to delegate, and how to measure the efficacy of the board.
Choosing the Right Leadership
By Keith Bozarth
Selecting, evaluating, and preparing for the succession of key leadership positions, including the Chief Executive Officer and the Chief Investment Officer, are among the most important functions of public pension trustees.