Insider Business Club: Solving the Pensions Crisis

Can trustees and finance directors work together?

Written by Paul Grant

The global credit crisis and the advent of fair value accounting have combined to thrust pension matters back into the in-trays of most finance directors. All this, coupled with regulatory change, has put a strain on relations between the trustees of final salary pension schemes and the sponsoring employers of these schemes.

Of course, the interests of pension fund sponsors and trustees have often been at odds. But if pensions risk is to be managed at the corporate level, trustees and finance directors need to find common ground and work together.

So how can their interests be better aligned and be made more transparent? Our experts deal with these and other issues - and answer questions on one of the most pressing financial problems around.

Click here to listen to our experts discuss these issues (broadcast on 14/5/08 and available in our archive).

(Note: registration may be required)

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Fair value accounting has attracted a lot of criticism, but is it actually fair?
Yes, it's better than any other method available.
No, it's caused too much trouble. Get rid.
It's promising but could work better with modifications.

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