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ARTICLE · 05 AUGUST 2024

The Practicalities Of Pension Scheme Risk Management Under The General Code – A Case Study

Trustee Boards must enhance pension scheme risk management per the new General Code, emphasizing proactive measures, dynamic engagement, and continuous improvement. Josh Ford's project provides a practical roadmap for implementing these requirements.

United KingdomEmployment and HR

Many trustee boards will already be familiar with what the General Code says about the risk management function and controls assurance reporting. The next challenge is how to make this a reality. Our case study walks you through the process one early mover is following.

Pension scheme risk management is a key part of the General Code. Whilst it is something that Trustee Boards will have been doing for many years, some of the new requirements around the risk management function (RMF) and controls assurance reporting may require some additional thought. In this article we share some insights from an ongoing project, led by our colleague Josh Ford, to help those that are starting down this path.

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