BRAZIL - Newly introduced governance regulations for Brazilian pension funds could force defined benefit plans to establish formal funding policies - a measure rarely seen in the South American country's pension industry - says Mercer Human Resource Consulting in Brazil.
The regulations, dubbed Resolution CGPC number 13, list new management and internal control requirements aimed at strengthening the ability and incentives of Board members to exert governance over ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here