Governance

Good governance is a crucial element of effective public services. It leads to good management, good performance and good stewardship of public money. The commitment of Aberdeen City Council Pension Fund to good governance promotes accountability and gives reassurance to all Pension Fund stakeholders.

The key areas covered in the section are:

• The role of Aberdeen City Council as the administering authority for the Pension Fund and Transport Fund
• How decisions in relation to the Funds' benefits administration and investment strategies are made and by whom 
• The Fund training policy
• How Aberdeen City Council Pension Fund and Transport Fund communicates with all its stakeholders.