CEPP's Conflict of Interest policy recognizes that the Board, and each member of the Board, owes fiduciary obligations to the Plan and its members. A fiduciary is required, above all else, to set aside the fiduciary's own interests, and to exercise the fiduciary's discretion and judgment exclusively in the interests of the persons to whom the fiduciary obligation is owed. So, in the case of a pension plan, members of a board of trustees are required to set aside their own interests, and to make decisions affecting the plan exclusively in the interest of the plan and its members. CEPP's policy establishes rules for governing conflict as well as procedures in the event of a conflict. The policy is publicly available here: http://www.cepp.ca/content/user_files/2015/01/Conflict-of-Interest-Policy-May-27-03-adopted-June-2006-Mtg.pdf.