Art. 51a BVG assigns responsibility for a pension fund’s strategic goals and principles to its governing body and lists its non-transferable and mandatory functions. Boards of Trustees of pension funds, then, are in much the same position as Boards of Directors of companies. How can strategic goals be defined and responsibility for them assumed?

PensionCompass gives tangible form to the idea of using 5 key performance indicators to define strategic goals, plan how to achieve them, and monitor the extent to which goals are met. These 5 key performance indicators can be used by those responsible for a pension fund to steer its course in a comprehensible and forward-looking way.