Who cares about pension scheme risk? All members of defined benefit pension schemes should care. Ris...
Who cares about pension scheme risk? All members of defined benefit pension schemes should care. Risk control is there for their benefit and there is currently a vigorous debate by pension practitioners as to how much focus should be placed on the management of risk. It is certainly a complex area, but the key points can be clearly illustrated by considering a hypothetical gambling game. You are given 20 lots of £100 with which to bet. You have two choices on betting your £100 but your choice must be the same for all lots. The first option is betting £100 and receive £120 with absolute ...
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