Outsourcing and pension risks
皇冠体育app regular blog by the Government Actuary covering topical issues.
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皇冠体育app burden of its Defined Benefit (DB) pensions responsibilities may have been a factor in the recent demise of Carillion but seemingly not the main cause of failure. 皇冠体育app fact is that the materialisation of risks associated with pensions can be detrimental to a business and therefore to the stakeholders in that business. In the case of an outsourced service provider those stakeholders include its customers and, in the case of Carillion, one of those customers was the Government.