Abstract
PurposeOrganizational life and policy making is increasingly conceived in terms of a “three sector” model – public, private and “third”. The purpose of this research paper is to examine a little‐studied phenomenon that increasingly characterises societies in both the “developed” and the “developing” worlds. It aims to argue that these “sectors” have permeable boundaries, and that increasing numbers of activists and professionals operate across such boundaries, with important implications for policy and work.Design/methodology/approachThe research paper reports on a set of new ethnographic life‐work history data from the UK, Bangladesh and Philippines to explore experiences of people who cross between, or straddle, the third sector and the public sector.FindingsThe paper constructs a preliminary typology of boundary crosser archetypes for purposes of further analysis. This is based on motivations and levels of boundary crossing. Boundary crossing of this kind is linked with the concept of “work role transition”, and with the micro‐politics of policy contention.Practical implicationsThe paper concludes by suggesting that such work may offer new practical insights into strengthening the capacity of both third sector and government agencies.Originality/valueThe paper aims to be original in opening up this new topic for further discussion (and in particular problematizing the idea of sector boundaries), and through using the life history method to as part of organisational ethnography.
Highlights
The Occupational Pension Schemes (Scheme Administration) Regulations 1996 (“the Administration Regulations”) require the Trustees to prepare an annual statement regarding governance, which should be included in the annual report
The Corporate Trustee are responsible for investment governance, this includes the Corporate Trustee reviewing the default arrangement remains in the best interests of the members
When the Scheme was originally established the Corporate Trustee took professional advice and selected a pension scheme where the With-Profits Fund was the only available investment fund option available to members. This was originally with Friends Life, who were acquired by Aviva Life & Pensions UK Limited (Aviva) in 2015, all policies, assets and liabilities of Friends Life were transferred and completed by 1 October 2017
Summary
The Occupational Pension Schemes (Scheme Administration) Regulations 1996 (“the Administration Regulations”) require the Trustees to prepare an annual statement regarding governance, which should be included in the annual report. When the Scheme was originally established the Corporate Trustee took professional advice and selected a pension scheme where the With-Profits Fund was the only available investment fund option available to members. The Corporate Trustee monitors the level of charges borne by members through the Conventional With-Profits Fund. When assessing the charges and transaction costs which are payable by members, the Corporate Trustee is required to consider the extent to which the investment options and the benefits offered by the Scheme represent good Value for Members. - The Conventional With-Profits Fund differs from a unit linked policy in that it is not totally reliant on the current value of the underlying assets This type of fund offers an underlying guarantee that provides a cushion against falling investment markets in certain circumstances. The Corporate Trustee will be reviewing the membership profile as part of the Scheme Review to ensure that this fund continues to be suitable for the membership
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