In order to structure and prioritize their occupational safety and health activities, social security institutions establish a prevention framework focusing on four key areas of action: workplace safety and health, safe technology, individual prevention capacities and behaviour, and clear instructions/guidance. If all these are addressed systematically, continuous improvement in safety and health can be expected.
These Guidelines focus on the prevention and administration of occupational accidents, diseases and other work-related health risks. They form part of a broader concept of prevention which includes proactive and preventive approaches to social security, addressing the prevention of occupational risks, health promotion and return to work.
The ISSA Guidelines on Prevention of Occupational Risks addresses occupational risks that are insured by social security institutions. It provides guidance on how social security institutions can develop and promote prevention activities that cover occupational accidents and occupational diseases.
The ISSA Guidelines for Social Security Administration were prepared by the ISSA General Secretariat wih the ISSA technical commissions.
When a decision is made to change external investment managers, a number of governance issues are considered in the transfer. These include information requirements related to the change, consideration of fees or surrender penalties, and communication to those impacted upon by the change, including custodians, members and accountants. While transitioning assets between arrangements the risks associated with the actions are identified and managed appropriately and, at the same time, the institution also seeks to minimize costs where possible.
Sufficient procedures are put in place to ensure that an appropriate level of operational due diligence is conducted on external fund managers.
The incentives of the external fund managers are aligned with the overall investment objectives of the social security institution.
Sufficient selection due diligence is conducted when selecting external fund managers.
Best practice is followed when selecting external fund managers.
This guideline outlines the administrative processes to select external fund managers. Guideline 30 outlines the investment issues relevant for the selection of external fund managers.
The guidelines set out in this section cover the governance issues relating to the selection, appointment and monitoring of external investment managers. The choice of whether to use an external investment manager depends on the resources available within the social security institution as well as views on the added value such an external manager can bring.
