Risk is a hot topic for every business. In order to manage risk effectively the first challenge is to understand all of the risks you face. For a pension scheme they are numerous, including investment risk, longevity risk and inflation risk to name just a few.
One thing that is important to remember – risk is not a bad thing. Taking risks allows a pension scheme to benefit from greater returns. The key is to understand the level of risk tolerance you have as a business and create a plan of action if parameters are breached.
Section 75 easements now expected in December
Pensions risk managementInnovative ways of dealing with pensions deficit and risk
Incentive ExercisesPension Minister to “root out” bad practices
The Regulator continue their push