This document discusses issues related to pensions for charities. It covers actuarial funding valuations which determine future contribution requirements, accounting for pensions under FRS17, and ways to reduce pension risks such as reviewing benefits provided, diversifying investments, and insuring against risks like changing life expectancies. The presentation provides an overview of typical pension funding outcomes and solutions, flexibilities available in accounting and funding, and steps charities can take to manage their pension obligations and risks over time.