Jurisdiction(s):
United Kingdom

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...

Template Managing Partner Role Profile and Responsibilities for SRA-Regulated Law Firms (England and Wales)

Published by a LexisNexis Practice Management expert

Precedents

Firm name [ Insert firm name ]
Role holder’s name [ Insert name ]
Reports to [ Senior partner OR Board OR Management committee ]
Role category (full-time/part-time/contractor) [ Insert ]
If contracting, contract duration [ Insert ]
Primary location [ Insert the main location for this role—if the role holder is required to spend time regularly in more than one place, eg each regional office, make sure this is clearly stated ]
Working arrangement (remote/hybrid/office-based) [ Insert type of work model ]
Role start date [ Insert date ]
Probation period length [ Insert ]
Probation review end date [ Insert date ]

Role summary

The managing partner is the most senior manager on the [ Board OR Management committee ], accountable for sound governance, crafting the firm’s strategic direction and vision, and executing the agreed strategy...

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Web page updated on 22/05/2026

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