Congratulations to Joshua Reddaway, James Ball, Rohan Soni, Simon Wakefield and Charlotte Borg from our Work & Pensions teams. The teams have been shortlisted for Outstanding Fraud Prevention, Detection and Recovery in the Public Finance Awards 2024, alongside the Department for Work and Pensions (DWP) They developed a ground-breaking way of reporting fraud prevention savings, helping to unlock investment and provide the appropriate focus on reducing the cost of benefit overpayments. https://lnkd.in/dFGBFMKv #pfawards24 #pfshortlist
UK National Audit Office’s Post
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Six months on from The Pensions Regulator's General Code coming into effect, Winmark PensionChair members met to discuss what their risk management function would look like taking into account governance and risk management good practice from outside the sector. The session was expertly chaired by Helen Miles, Chair of the NHS Pensions Board, with Mathieu Backus, Iain MacKenzie and Jenny Gibbons from WTW setting the scene for discussion. There was a lot of discussion around engagement, and codification as well as who would take on the role of the risk function provoking a lot of food for thought. If you are interested in the output of the discussion please email natalie.hogg@winmarkglobal.com #PensionChairs #RiskManagement #Governance
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From 2009 to 2019, pensions fraud rose by more than 55% and losses in this sector now equate to some £190bn each year. As cybercriminals become more sophisticated, the financial impact on the pensions sector escalates alarmingly. How are you addressing this? Download our exclusive whitepaper produced in collaboration with PASA, Digital Pensions Fraud: A looming crisis awaits: https://lnkd.in/g2KYE6di #PensionsFraud
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Are you concerned about the challenges your loved ones might face in gathering your financial information if something were to happen to you? We understand this is a common worry, which is why we've created a FREE resource called 'My Financial Assets' 💰 Our guide provides a simple yet comprehensive way for you to document all the essential details your family may need in the event of your passing, including accounts, pensions, and wills. You can easily download and print it from your computer 💻 Take the proactive step today to ensure your loved ones have access to the information they need during a difficult time. Download 'My Financial Assets' for free by clicking the link below 👇🏽 https://lnkd.in/es2PyNue #FinancialPlanning #FamilySecurity #PlanAhead
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How is fraud happening in the pensions space – and when is it too late? With increased digitalisation and the Pensions Dashboard on the horizon, the industry needs to be alert and protect members. Fraud is a growing issue and requires consistent review. Watch the ‘Spotlight on Pensions Fraud’ breakout session recorded at Trust:Live. This session uncovers the types of fraud an established DB scheme is experiencing, provides real case studies, and explains how they are collaborating with LexisNexis Risk to create preventative measures to limit fraud risk 👉🏼 https://lnkd.in/gk4TyeeN .
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From 2009 to 2019, pensions fraud rose by more than 55% and losses in this sector now equate to some £190bn each year. As cybercriminals become more sophisticated, the financial impact on the pensions sector escalates alarmingly. How are you addressing this? Download our exclusive whitepaper produced in collaboration with PASA, Digital Pensions Fraud: A looming crisis awaits: https://lnkd.in/gVZZBnzR #PensionsFraud
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🌟Field Account Manager, LexisNexis Risk Solutions - Helping Clients Mitigate Risk and Increase 📈 Efficiency.
How is fraud happening in the pensions space – and when is it too late? With increased digitalisation and the Pensions Dashboard on the horizon, the industry needs to be alert and protect members. Fraud is a growing issue and requires consistent review. Watch the ‘Spotlight on Pensions Fraud’ breakout session recorded at Trust:Live. This session uncovers the types of fraud an established DB scheme is experiencing, provides real case studies, and explains how they are collaborating with LexisNexis Risk to create preventative measures to limit fraud risk 👉🏼 https://lnkd.in/eQuADgUA
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🌟Field Account Manager, LexisNexis Risk Solutions - Helping Clients Mitigate Risk and Increase 📈 Efficiency.
From 2009 to 2019, pensions fraud rose by more than 55% and losses in this sector now equate to some £190bn each year. As cybercriminals become more sophisticated, the financial impact on the pensions sector escalates alarmingly. How are you addressing this? Download our exclusive whitepaper produced in collaboration with PASA, Digital Pensions Fraud: A looming crisis awaits: https://lnkd.in/e2aEvVir #PensionsFraud
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How is fraud happening in the pensions space – and when is it too late? With increased digitalisation and the Pensions Dashboard on the horizon, the industry needs to be alert and protect members. Fraud is a growing issue and requires consistent review. Watch the ‘Spotlight on Pensions Fraud’ breakout session recorded at Trust:Live. This session uncovers the types of fraud an established DB scheme is experiencing, provides real case studies, and explains how they are collaborating with LexisNexis Risk to create preventative measures to limit fraud risk 👉🏼 https://lnkd.in/ezmFHV_3 .
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INSURANCE IS SEXY— Grand Dame of Insurance, Cyber Diva, Speaker of All Things Insurance Havemercycyber.com
F I D U C I A R Y Time to renew my MLIS designation and this year, I think I will update with fiduciary coverages. Important if you are dealing with pensions or you have responsibility for directing someone else’s funds. It seems more and more entities are being tasked with fiduciary responsibilities. #fiduciaryfinancialadvisor #unions #fiduciaryduty
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From 2009 to 2019, pensions fraud rose by more than 55% and losses in this sector now equate to some £190bn each year. As cybercriminals become more sophisticated, the financial impact on the pensions sector escalates alarmingly. How are you addressing this? Download our exclusive whitepaper produced in collaboration with PASA, Digital Pensions Fraud: A looming crisis awaits: https://lnkd.in/emxMDsDp #PensionsFraud
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Director, Financial and Risk Management Hub at UK National Audit Office; Independent Non-Executive Director/Chair Board Audit & Risk Assurance Committee - FirstBank UK Ltd.
2moCongrats Joshua Reddaway and Team!👏🏽👏🏽👏🏽🎉