Managing risk – some essential steps


For various reasons, including the current economic climate and greater scrutiny of occupational pensions, trustees and employers face more and more risks in running schemes. This is borne out, in part, by the Pensions Advisory Service’s (OPAS) recent report that complaints about pensions have increased by 53% over the last year. In this newsletter, we identify some broad principles to help trustees (and ultimately employers) reduce these risks.

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