‘Tis the season to be jolly

From the blog: ‘Tis the season to be jolly – unless of course you’re fretting over whether your integrated risk framework will stand up to a regulatory tap on the shoulder if all those complicated value-at-risk estimates come home to roost… or a hundred other things specially designed to keep defined benefit trustees awake at night.

Of course, life at the coalface always looks and feels a bit different from the big-picture stuff – well, some of it anyway.

Twelve months ago, all those ‘what does 2015 hold for pensions’ predictions said change, change and more change.