ABSTRACT
Investors have an incredible amount of power. They have the ability to effect huge amounts of change, and they just need to come together and act. Pension plans are generally organized as trusts where a board of trustees is responsible for the oversight and investment of pension fund assets. Trustees are the primary stewards of the plan’s assets and are the “ultimate decision-makers” in relation to the investment of these assets. Pension trustees have a duty to protect and grow the trust funds for the trust’s participants and beneficiaries. Workers and their family members depend on these assets held in trust to meet their financial goals in retirement. Good capital stewardship means that pension fund trustees and other fiduciaries invest workers’ retirement savings to achieve the twin goals of realizing the best possible risk-adjusted rates of return on investments while delivering on the long-term interests of plan participants and beneficiaries.
