The Turnbull guidance requires companies to adopt a risk-based approach in
establishing a system of internal control and review of its effectiveness.
Although not mandatory, by adopting an objective assessment of the risks,
trustees are able to gain a clear view of the risks they are taking and how
those risks can be controlled.
Our healthcheck team helps employers and pension plan managers understand the
risks they are running and their relative importance: how likely are they to
happen and how great would the impact be, both financially and on the company’s
reputation?
Contact Lorraine Harper via
email,
or by phone at +44 (0) 7939 4414.
