Volatility in foreign exchange rates is a major concern for finance directors – a risk they can more effectively manage by following a three step process.
The recession will dominate pensions in 2009, and as with other areas of the economy, it may have effects in ways as yet unimagined. A bleak year is in prospect.
FDs who take a proactive approach can limit calls from their trustees for additional or accelerated contributions and take steps to control future volatility.