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Risk Management: Q&A - Risk management - What pension schemes need to be doing.

The questions

1. Has FRS17 provided a sufficient kick in the pants for trustee boards to the extent that they now understand risk better and ensure the risk profile matches the liabilities of the scheme?

2. The Unilever case focused upon manager risk, but what are the primary measures of risk in today's volatile markets?

3. How much impact has the Myners report made upon the risk management processes of UK pension funds?

4. What more should trustees (and/or fund managers?) be doing to manage risk in the current economic climate?

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