Does Planetary Solvency advocate for using risk management tools?
by Sandy Trust
 |
Sandy Trust is an IFOA Council member | ||
Imagine a successful mid-to-late career individual in a non-financial industry. This senior and respected person has had limited exposure to pensions. Of course, they make contributions but they’ve never needed to be close to technicalities. Suddenly this individual is elected to the trustee board! She needs to learn all about funding ratios, solvency, longevity, investment strategies, employer contributions and so on. She’s never needed to know this but now it is essential knowledge if she is to do a good job.
Disclaimer:
This article represents the opinion of the author, and not necessarily the opinion of the AAE.
This article was published in The European Actuary No. 40 – December 2024
