In this latest blog, we find out how blockchain technology helps us with everyday transactions. The technology shows that money does not have any intrinsic value of its own – it is the trust that people have for the authority issuing the money that creates its value.
In many instances, it’s no longer enough to just look at the financials – the profits, dividends and returns on investment. Instead, people are increasingly considering how these returns have been earned.
Integrated risk management requires pension schemes to look at risks in the round, rather than considering each individually. This is because the risks are related – for example, funding risk is likely to be linked to either investment risk or employer covenant risk.