What The NED has learnt over the years

Some of the topics covered by The NED in its early days, such as Weavering, feel as though they are from another age altogether. However, others could have been written today. In 2011 we published the results of a survey done by PwC with Channel Islands fund directors. The majority of them complained that their responsibilities were rising faster than their fees. And most thought that their fees were too low. The same applies today.

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We had a great response to our 2019 Director Survey. Many of the trends picked up in previous surveys in this series have reappeared again this year.

For example, workload per fund continues to go up. That is largely to do with the increased amount of work done for regulatory reasons. And almost everyone who responded to this survey reported that the number of people, in each jurisdiction, putting themselves forward to become a non-exec fund director continues to go up.

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