Fiduciary Governance and Communication
On July 24, 2024, Michelle Mellon-Werch presented “Fiduciary Governance and Communication” during the National Council on Teacher Retirement’s (NCTR) 24th Annual Trustee Workshop. This session explored the current best practices and policies for prudent delegation, effective internal and external communications and sound oversight. Michelle discussed the roles and responsibilities of boards, staff and external advisors with respect to their fiduciary responsibilities and successful outcomes through enhanced governance models. The workshop was interactive with the trustees raising real life dilemmas and discussing best practices for the execution of fiduciary governance.
NCTR is an independent association dedicated to safeguarding the integrity of public retirement systems in the United States and its territories to which teachers belong and to promoting the rights and benefits of all present and future members of the systems.