If things go wrong with a pension plan, your reputation as well as your business strategy could be at risk. A solid risk management process can significantly reduce the likelihood of serious problems arising unexpectedly.

Hewitt’s multi-disciplinary healthcheck team offers a range of ‘check-ups’ to help companies ensure that their pension plans are in good shape to face the future.

The key steps to risk management are:

• A Governance Check
  
  Assessing the structure or governance within which your pension currently operates
• Risk Analysis
  
  Analysing the risks your pension is running and prioritising them on the basis of likelihood and impact
• Risk Monitoring
  
  Monitoring the areas of highest risk

Contact Lorraine Harper via email or by phone at +44 (20) 7939 4414.