Search Results: Risk Management

10 results:

Approaching Risk Management

13 Dec 2021

Case studies

Risk management had become “stale” and needed refreshing or so thought the Trustees’ risk committee at least. Consequently, Muse were commissioned to conduct an independent review of the Trustee Board’s risk management framework with a view to improving effectiveness.

New risk management requirements: are you ready?

18 May 2021

Musings

IORP II requires schemes to meet new risk management requirements that are now in TPR's new Code of Practice.

Getting Ready for the Code - Risk management function and internal audit

15 Aug 2022

Musings

The seventh article in our Muse series Getting ready for the Code, is a brief look at how the risk management function can add value to your scheme, and the potential value of independent sources of assurance on controls, such as internal audit.

How does risk management impact strategy (and why you should care!)

6 Mar 2024

Musings

All trustees and their schemes face external and internal factors and influences that make it uncertain whether they will achieve their objectives or continue to operate in the way they want. We have set out 8 areas where risk management may impact your strategy.

How is TPR’s draft Code of Practice landing with trustees?

16 Jul 2021

Musings

We’ve been discussing the draft Code with clients and other Trustee contacts whilst we framed our response to TPR’s consultation. Here’s a sense of what trustees, pensions leads and people with risk roles we’ve spoken to have been making of it so far.

People risks and why managing them better pays dividends

31 Mar 2021

Musings

The hydra-headed impact of Covid-19 on pension schemes has placed strains on the people involved in running them. Now ‘the urgent’ work has been dealt with and more time is being spent again on ‘the important’. Which brings us onto people risks, and with the lockdown hopefully easing, making sure we come out stronger.

Covid-19 – scheme governance risks to tie down

16 Mar 2020

Musings

In light of how fast Covid-19 is moving, here are some practical points for pension teams and trustees to consider in their planning, as business will be disrupted.

Getting ready for the Code - Practical tips and tools

17 Dec 2021

Musings

Welcome to the Muse series Getting ready for the Code, where we'll be sharing our practical tips and tools. This follows our round tables in the Autumn with trustees and pension leads responsible for a wide variety of schemes, after some ORA readiness benchmarking that attendees did in advance.

Getting ready for the Code - Understanding your risks

1 Feb 2022

Musings

The second article in our Muse series Getting ready for the Code, is a practical look at how to identify and understand your risks.

Getting ready for the Code - Understanding your controls and their effectiveness

8 Mar 2022

Musings

The third article in our Muse series Getting ready for the Code, is a practical look at understanding your controls and their effectiveness.