The good news is that schemes are generally in better shape in 2010, giving finance directors and pension scheme trustee boards an opportunity to take risk off the table. But in today’s environment of low interest rates, moving to a full buyout is unrealistically expensive for most schemes.
At the same time, the scrapping of the default retirement age is taking away one of the fundamental building blocks of final salary schemes. And FDs are getting to grips with a future that offers equal rights to fathers when it comes to parental leave – creating a potential bureaucratic tangle.
Business whose operations span a number of sectors and a broad variety of projects put immense demands on FDs and their supporting finance teams
Christian Doherty looks at the impact Brexit will have on trade relationships and supply chains
Reinmoeller, professor of strategic management at Cranfield School of Management, has proposed an Eight Actions Model to help organisations increase margin and perform ahead of market expectations
The incoming prime minister Theresa May wants to put employee and consumer representatives on company boards, but will it work?