Energy & Utilities Risk Compliance UK & Global 2024

Risk & Compliance

RSM UK

Industry: Energy & Utilities
Location: UK & Global
Year: 2024

Full Credential Description

The Insight4Pensions solution was developed to address the specific challenges faced by pension schemes in meeting the Effective System of Governance (ESOG) and Own Risk Assessment (ORA) requirements mandated by The Pensions Regulator (TPR). With the introduction of the new ‘General Code’, there was an increased emphasis on the necessity for trustees to implement a robust risk management function. This shift highlighted the need for a cohesive approach to managing risks and controls, which many pension schemes were struggling to achieve. To tackle these issues, Insight4Pensions was built on the established Insight4GRC platform, leveraging over 15 years of experience and continuous development based on user feedback. The solution automates key processes, significantly reducing the administrative burden on pension schemes. It provides interactive dashboard reports that offer instant oversight of risks, controls, and assurance, enabling managers to make informed decisions quickly. Additionally, the platform includes full assurance mapping, prompting control owners to assess the effectiveness of their controls based on assurance sources. The results of implementing Insight4Pensions hav

Measurable Results

Professional advisory services and strategic guidance delivered