Understanding the importance of Business Continuity for Pensions Schemes
Understanding the importance of Business Continuity for Pensions Schemes
Webinar by Barnett Waddingham
Long gone are the days when listing a few names on a Business Continuity Plan would suffice if something might go wrong. The complexity of the types of incidents we now face, including cyber-attacks, means that schemes need to understand what they need to do to be able to respond effectively.
Business Continuity Management (BCM) is more than producing a plan and hoping that this will work in the event of an incident; it is a holistic practice that will enhance your resilience if considered, and implemented properly.
Each scheme needs to consider its own priorities and interconnected relationships with service providers, advisers, sponsors / employers for its approach to Business Continuity to be effective.
In this session you will learn:
• What is Business Continuity Management
• Why it is important for pension schemes, their advisers and service providers
• What you need to consider, address and put in place as part of your approach to BCM
• Practical tips and the importance exercising your teams and plans
• How BCM needs to be addressed to meet the obligations and expectations of the General Code.
• The benefits of good BCM for all parties involved in the management of pension schemes
• How Barnett Waddingham can support our pension clients in these high-risk areas
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Fees
free for members and non-members -
2
speakers -
1 hour
of CPD -
Online
BrightTALK
Event Details
THE BASICS
- Pension Scheme Managers
- Trustees
- Administrators
- Policy advisers
- Consultants
- Lawyers
- Corporate IFAs
- Investment managers
- Actuaries
- Communication professionals
• Fellow of the IIRSM (FIIRSM)
• Associate Member of the Business Continuity Institute (AMBCI)
• Certified Member of the Institute of Risk Management (CMIRM)
• Member of Airmic
Karla is a risk, business continuity and crisis management specialist. Throughout her career, she has dealt with complex subjects that can challenge people’s core beliefs and behaviours. Applying experiential and commercial knowledge and understanding how people might behave in such extreme circumstances, has been invaluable when helping clients prepare for, and respond to, such incidents. In the UK and Australia, Karla has worked both in-house and in consulting roles to embed organisational risk management and resilience. She has been actively involved in the responses to a global cyberattack, terrorist attacks in various jurisdictions, bush fires, and many and varied localised emergencies.
Karla has spent most of her 25-year career in risk management and business continuity with global law firm DLA Piper, before joining VinciWorks as the Deputy Global Head of Risk and Advisory. Karla is now based in Australia and joined Barnett Waddingham in March 2020. She was promoted to associate in 2021. nIn 2021, she was awarded the IIRSM President's Commendation for her outstanding contribution to the risk management profession.
She works with teams globally to improve organisational resilience, including:
• Designing and implementing frameworks for global organisations for Business Continuity and Enterprise Risk Management;
• Undertaking Business Impact Analysis and drafting plans for Crisis Management and Business Continuity Management;
• Providing training, desktop exercises and simulations to Business Continuity and senior leadership teams, including C-Suites; and
• Embedding resilience into organisational culture.
Karla regularly presents at industry conferences and webinars on risk and business continuity subjects. In particular, she is well known for her work on psychological safety in response teams and safety environments, and unconscious bias as a risk management issue. Karla is a director for an educational risk management charity and is also an examiner for risk management qualifications. She has won industry recognition for her work in the risk management sector. She has also previously held roles in knowledge management, compliance and communications.
Christine is one of BW's senior governance specialists and sits on the Board running BW’s Pension Executive Management Services team.. She leads teams who provide governance services and projects to clients and supports the development of best practice in BW. Her specialist interest is the management of large £1bn+ schemes, though she is keen to point out that good governance is essential to schemes of all sizes.
An enthusiastic advocate of the skills and value of scheme secretaries/pension managers and pension executive teams. These are skilled, specialist roles which provide diverse and interesting careers and are in ever-greater demand. She really enjoys the people aspects of her role, building trusted relationships and quite simply loves her job.
