ERM for pension funds and sponsors [19]

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Bullet points include: Risk governance framework might include: Risk Committee, separate from Audit Committee, Centralised oversight of risk, Risk policy sets risk management responsibility, Engagement with executive management and board, CRO, reporting to risk committee, independent from business units, Organisation’s risk champion, Enterprise-wide oversight of RM activities, Guidance to risk owners, Challenges to business decisions on key risk areas, Supporting RM function

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