Apocalyptic demography: putting longevity in perspective
Finance directors face real challenges in assisting boards to manage risks arising from defined benefit pension schemes.
CIMA has examined longevity and corporate risk in detail in this report.
The pension liability - managing the corporate risk
Pension issues have implications across many functions of an organisation, so it is essential that a board is aware of the corporate risk aspects of pension liability and is proactive in managing them. This guidance aims to assist finance directors in helping boards ensure this.