Own Risk Assessments Made Simple

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Own Risk Assessments Made Simple

The Pensions Regulator’s draft Single Code of Practice requires governing bodies of DB and DC schemes to have in place an effective system of governance (ESOG) and complete the “substantial process” of an own risk assessment (ORA). 

There is little guidance on how schemes should approach it, what the finished product should look like and how smaller schemes can meet the requirements. This Made Simple Guide, produced in partnership with LCP, cuts through some of the uncertainty around the ORA with practical tips on how to collate the information needed.