Do you believe that the downturn has demonstrated a gap in executives' assessment of risk? Do you think this will now change?
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John Deane, Chief Executive - Intermediary Division, Royal London Group"A good strategy is the ability to adapt, to play what you see in front of you, to manage operational impacts and cash flows while continuing in a direction that the entire company understands and which will give you a sustainable market position. A good strategy has to be capable of being executed in the varied operational and financial environment you find..."
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The Gorilla in the Garden
The row over the BBC’s decision to cap its final salary pension schemes in April 2011 and close it to new employees is evidence of the contentious nature of the subject. Such is the dissatisfaction of BBC staff over the proposed changes that they have threatened industrial action.
Criticaleye, in association with BDO, have assembled a group of experts to help executives in the assessment and management of the risk inherent in their defined benefit (DB) pension schemes. In preparation for an event on the subject on 26th October 2010, we have asked the speakers, and other members, to give us a preview of their thoughts in the form of an article. This Community Update draws predominantly from that article. Read More |
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