Integrated risk management - why it’s important for employers and trustees
December 02, 2013
The Pensions Regulator (tPR) will issue new guidance shortly on the funding of defined benefit schemes. This updated guidance will build on the themes flagged in tPR’s May 2013 annual funding statement meaning that the old world of arbitrary triggers – such as whether your recovery plan was longer than ten years – will be officially abandoned. The focus will be much less on recovery plan length and much more on funding and investment strategy – by taking into account the level of risk that the sponsoring company can support and the contributions that it can afford to pay.
In this Pension Focus we look at what integrated risk management is, why you need to take action and how you can make sure you get the right outcome.
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