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Developing a strategy to
manage defined benefit
pension risk
The Willis Towers Watson approach challenge
As a defined benefit pension scheme sponsor or trustee,
you are confronted with a spectrum
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What is developing a strategy to?
Developing a strategy is to plan and outline the steps and goals to achieve a desired outcome.
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Developing a strategy is typically filed by companies, organizations, or individuals looking to set goals and make plans.
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Filling out a strategy involves assessing the current situation, setting objectives, determining actions to achieve those objectives, and monitoring progress.
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The purpose of developing a strategy is to provide direction, focus resources, make informed decisions, and improve performance.
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Information such as goals, objectives, action steps, timelines, responsibilities, and performance indicators are typically reported on a strategy.
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