ORA lessons from the first wave

Manjinder Basi and Lauren Shipman say initial concerns have proved largely misplaced

clock • 3 min read
Manjinder Basi and Lauren Shipman: The strongest processes built in challenge, review and auditability
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Manjinder Basi and Lauren Shipman: The strongest processes built in challenge, review and auditability

Not another tick-box exercise. That was the fear for many pension schemes heading into their first own risk assessment (ORA), but first-wave experience suggests that concern was largely misplaced.

The ORA is not about producing more paperwork. It is a test of whether governance stands up in practice: whether decision-making is clear, oversight is visible and the effective system of governanc...

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