Defined Contribution Governance and Risk Management
Robust Defined Contribution (DC) Governance
Our approach to DC governance focusses on getting you the right support to make the right decisions at the right time.
With increasing regulatory pressures and demands, all those responsible for pension schemes – employers and trustees – must navigate an extremely challenging environment; maintaining compliance while overseeing strategic projects and anticipating future risks. Our professional DC governance experts ensure you have access to the specialist knowledge and resources to take on this challenge.
We help you oversee and manage all the key elements of your pension provision with an efficient and robust governance structure which truly protects your organisation and supports the delivery of great outcomes for members.
Effective Risk Management
DC pension arrangements operate within a highly complex environment with key dependencies and technical requirements which present a spectrum of material risks to those responsible for managing them. A robust pensions management framework ensures this risk spectrum is addressed efficiently and effectively.
Our risk management specialists can help you with operational and strategic support to identify risks and mitigation measures, evaluate the effectiveness of these measures, and to maintain resilience over time with clear reporting and review processes.
Our Pensions Management Framework
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Define Your Objectives
What are you looking to achieve with your DC pension provision?
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Structure Design
Align communication channels and delegations to collectively achieve desired outcomes
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Risk Landscape
Map the risk landscape and identify practical and effective mitigation measures
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Contingency Planning
With clear triggers and designation of responsibilities
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Ongoing Evaluation
Review risk and control measures based on stress testing and real-life data
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Reporting & Review
Clear reporting lines to maintain visibility and refine processes based on feedback loops