Integrated risk management Made Simple

Integrated risk management Made Simple


Sponsored by Cardano Risk Management and Lincoln Pensions

Integrated risk management (IRM) was first introduced by The Pensions Regulator (TPR) in its 2014 Code of Practice. It’s defined as “a risk management tool that helps trustees identify and manage the factors that affect the prospects of meeting the scheme objective, especially those factors that affect risks in more than one area”. 

This Guide gives an overview of the subject, covering how trustees, sponsor and advisers can work together to address the interrelationships between three fundamental risk areas: covenant, investment and funding. IRM is not a discrete piece of work, it’s a risk-centric approach to decision-making. Joined-up thinking and balanced decisions are the order of the day, and this Guide will help trustees integrate the approach into the management of their scheme.

Darren Redmayne of Lincoln Pensions and Kerrin Rosenberg of Cardano talk about our new Made Simple guide: Integrated risk management (IRM) Made Simple, at Annual Conference 2017.