Risk Management |
During the past decade, and especially the last few years, there has been an increase in focus on the good corporate governance not only of companies, but also of pension funds. Politicians, the business sector and general public realise that with every failure of a company or irregularity taking place in overseeing of pension funds’ affairs, a huge price is paid by the hard working public in the form of lost opportunities to provide for a care free retirement and also in the form of lower economic growth, impacting amongst other things, on availability of job opportunities and overall stability in the social fabric underpinning society.