Risk jobs in London to focus more on employee benefit schemes?

Firms are beginning to recognise the importance of better corporate governance for their employee benefit programmes, a new study has suggested.

Those seeking risk jobs in London may be encouraged to hear that research from analyst Mercer found 77 per cent of businesses are intending to expand their facilities in this area.

The news followed the recent appointment of Paul Benchley, a former Financial Services Authority manager, at KPMG's compliance department.

Global governance consulting leader at Mercer Vicki Stokoe implied high-profile moves such as this could increase in frequency as enterprises look to boost their scenario planning and extreme event modelling operations.

"If information is a key factor in achieving better risk management, then investment in resources, tools and processes is necessary," she added.

According to the statistics, less than one-quarter of multinationals currently have established policies to direct local decision-making for the investment of plan assets, while 44 per cent implemented these functions for their accounting procedures.