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United Kingdom
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Key definition
Governance definition

What does Governance mean? Governance, in pensions practice, describes how a trustee board organises itself and exercises oversight, decision-making and control over an occupational pension scheme to meet legal and fiduciary duties. It encompasses the scheme’s structures, policies and internal controls, and how trustees delegate to and supervise advisers, administrators and asset managers, monitor performance, manage risk and record decisions. The term is descriptive rather than a defined legal term, but key governance requirements are prescribed in legislation and regulatory codes. In the UK, the Pensions Act 2004 and scheme administration/governance regulations, together with The Pensions Regulator’s General Code, require an effective system...

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Coronavirus (COVID-19): UK local government governance tracker—legislation, guidance, financial support, analysis and case law (March–May 2020) [Archived]

Practice notes
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This tracker captured key developments, legislation, guidance and briefing notes from the early coronavirus (COVID-19) response between March and May 2020, with a particular focus on issues relevant to local government governance. It serves as a historical record of the legislation and guidance that applied during that timeframe. For current developments, see: Coronavirus (COVID-19)—governance tracker [Archived]. use the links below to navigate to the relevant section:

  • Primary legislation
  • National restrictions
  • Local authority governance
  • Financial Support
  • Other legislation
  • Government guidance
  • Other sources of information
  • News Analysis
  • Case law

Primary legislation

Corporate Insolvency and Governance Act 2020

When in force: comes into force in part on 26 June 2020, and in full on a day appointed by the Secretary of State through regulations.

Summary: legislation addressing companies and other entities experiencing financial difficulty, alongside temporary modifications to the law on the governance and regulation of companies and other entities. It takes effect partly on 26 June 2020, with full commencement to follow by regulations...

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Web page updated on 21/05/2026

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