Running a pension scheme has become complex and so has the task of governing it well. In the UK, the Pensions Regulator (TPR) offers useful guidance to help trustees mitigate risk. However, there…
We investigate whether margin calls on derivative counterparties could exceed their available liquid assets and, by preventing immediate payment of the calls, spread such liquidity shortfalls through…
Trustees are used to getting a good retail experience, backed by developments in technology, and expect similar standards to apply to their working lives. Oliver Jaegemann discusses how to improve…
