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In the high-stakes environment of pension fund management, the bedrock of operations is trust, security, and meticulous compliance. Occupational pension schemes, such as the established Pearson Pension Plan, carry the profound responsibility of managing billions in assets and safeguarding the
The problem with traditional AI in GRC According to a recent Gartner survey, more than half of CEOs believe their CIOs lack the knowledge to effectively implement AI. Yet these same executives are pushing for increased AI investment across key
May is International Internal Audit Awareness Month, a global opportunity to spotlight one of the most crucial, yet often underappreciated, functions within modern organisations: internal auditing. Whether you’re navigating enterprise-level risk or fine-tuning operational processes, internal audits play a central
Introduction The Third Line of Defence (3LoD) model ensures effective internal auditing and risk management. Therefore, effective risk management is necessary and a strategic advantage for organisations in today’s complex business environment. Indeed, it is key to safeguarding assets, reputation,
Introduction As a business professional, staying informed about the evolving landscape of governance, risk management, and compliance is crucial. According to WorldMetrics.org, the global Governance, Risk and Compliance (GRC) Software market is not just growing; it’s poised to surge to
Introduction ISO 31000 and ISO 22301 are international standards closely related to risk management. However, they have different objectives and focuses within your organisation. In the most basic sense, ISO 31000 is a risk management standard that provides a framework
What Is Monitoring of Controls? Monitoring of Controls is a process that ensures your organisation’s Controls are effective, timely and justified. Having a view over all your Controls is critical, especially for compliance regulations. There is an ever-increasing pressure to