A brave new world in pension risk management
September 01, 2014
By Brent Simmons and Heather Wolfe
Pension risk management is on every boardroom agenda these days. For most companies, pension risk means volatility – either in cash contributions or accounting disclosures, or both. With many Canadian pension plans at or close to fully funded, plan sponsors are changing their philosophy and taking action. In a recent presentation, one global plan sponsor commented that the cost of not managing pension risk can be significant, and they are now “playing not to lose” instead of “playing to win”.
