You are here

Integrated Risk Management

The Integrated Risk Management Working Party will assess the three keys risks relating to defined benefit pension schemes – funding, investment and covenant

The Pensions Regulator is currently consulting on a number of documents anticipating the extended regulatory objective of protecting the long-term sustainability of sponsoring employers when reaching funding outcomes for defined benefit pension schemes.

One of the concepts discussed in those documents is that of integrated risk management techniques in assessing the three keys risks relating to defined benefit pension schemes – funding, investment and covenant.

The concept of risk management is very familiar to members of the IFoA and the expertise that members have in this area mean that the IFoA can make a significant contribution to this debate, and potentially lead the way in establishing risk management models that would be helpful to pension scheme trustees and sponsors.


  • feedback to the tPR on the draft Code of Practice includes guidance to trustees on integrated risk management techniques
  • presentation at the Current Highlights in Pensions Seminars in October/November 2015
  • presentation at the Momentum Conference in December 2015
  • presentation at the Pensions Conference in 2016.
Chair Andrew Hitchcox
Membership 8
Established 2015


Related documents

Contact Details

For more information about Pensions working parties contact the Communities Team.

Filter or search events

Start date
E.g., 26/09/2021
End date
E.g., 26/09/2021

Events calendar

  • Spaces available

    A panel discussion with investment representatives discussing the impact of investment on climate change and vice versa.

    This event is part of The Road to Glasgow: IFoA’s Sustainability Thought Leadership Series which will provide a platform for prominent contributors so that our members and others can understand the perspectives of a wide range of parties interested in the climate debate.

  • Spaces available

    Climate change is one of the greatest risks facing our world today. Addressing it will require multi-faceted solutions. Through this panel session, we will explore the different levers that can be used to meet net-zero targets including climate science and data, government engagement, and mobilising green finance.

  • Spaces available

    How governments and societies collectively respond to the climate crisis is increasingly being analysed through the lens of intergenerational fairness. Our expert panel will assess and explore the extent to which inter-generous fairness is being considered in climate policies, the lessons from those countries who are leading the way on fairness and justice in climate interventions, and more.

  • The Growth Mindset for Actuaries

    13 October 2021 - 8 December 2021

    Spaces available

    This practical course is aimed at actuaries at any stage of their career who want to develop their own growth mindset and apply it to their work setting and personal or professional lifelong learning. The content of the course builds on the lecture given by Dr Helen Wright on Growth Mindset as part of the President’s 2021 Lecture series, and will be delivered over a period of 2 months, from mid-October to early December.

  • Spaces available

    The climate crisis and the degradation of our planet will affect societies everywhere. How we address these threats will require solutions that transcend borders. As a global profession, the actuarial community is well-placed to consider and propose effective risk management solutions to help manage the climate crisis.

  • Spaces available

    Content will be aimed at all actuaries looking to understand the issues surrounding mental health in insurance and in particular those looking to ensure products and processes widen access for, and are most useful to, those experiencing periods of poor mental health.