South Yorkshire Pensions Authority
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Risk Management

South Yorkshire Pensions Authority recognises that Risk Management is an important element of effective corporate governance. The Authority is therefore committed to:

  • Developing and maintaining a systematic approach for the identification, evaluation and cost effective control of risks that threaten the achievement of the Authority’s corporate objectives;
  • Ensuring that effective risk management is embedded in its business processes.

Objectives

The objectives of this policy are to:

  • ensure that risks to the achievement of the corporate objectives of the Authority are eliminated or reduced to an acceptable level; safeguard the reputation of the Authority;
  • raise awareness of, and integrate risk management into the culture of the Organisation;
  • manage risk in accordance with best practice by identifying roles and responsibilities;
  • prevent injury and damage and reduce the cost of risk;
  • protect the Authority’s assets; and
  • maintain effective stewardship of the Authority’s funds and demonstrate good corporate governance.

Risk Management Policy