Risk Management Framework for Licensed Pension Operators
About this Framework
The Guidelines for Risk Management Framework for Licensed Pension Operators is divided into five (5) sections. Section one is the introduction while Section two explains the risk management process. The minimum requirements needed for a risk management framework are spelt out in Section three. Section four outlines the reporting requirement, while section five spells out the roles and responsibilities of the Board and Senior Management.
The requirements of these Guidelines are consistent with the provisions of the Pension Reform Act, 2004.