Founded in 1985, Migros-Pensionskasse is a private sector pension fund that provides a defined benefit plan for the employees of Migros. Migros is a retail company in Switzerland that is known for its supermarket chains. As part of the expansion of Migros’ business areas, various other pension schemes were added over time. At the end of the seventies, there was a consolidation, which found its present form in 1985 with the introduction of compulsory occupational pension schemes and the associated transfer of all previous pension schemes to the Migros Pension Fund (MPK).
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While funds around the world do a good job of disclosing governance frameworks related to financial and investment risks, as revealed in the GPTB, but what is best practice for communicating governance around addressing large, one-off events such as the impact of COVID or war?