As a Trustee of a Defined Benefit (DB) pension scheme, you want pragmatic, well considered and clear advice, tailored to the needs and circumstances of your business, from a trusted specialist.
We believe we stand out from the crowd for three main reasons:
Our people - our actuarial consultants aren’t just numbers people, they’re people people too. We understand the pressures you face so we’ll ensure you have all the information you need, presented in a clear, concise manner, to enable you to make the important decisions your scheme members rely on you to make.
Our approach - our approach to funding and assumptions is flexible and incorporates the latest thinking within the industry. We start with the premise that your scheme should be balanced, with your employer covenant on one side of the scales and your investment strategy and actuarial assumptions on the other. So, a strong employer covenant could provide you with the flexibility to apply more relaxed assumptions or a more aggressive investment strategy.
Your endgame - our view is that every DB pension scheme should have an endgame in place. Yours might be to attain full funding and no longer need exposure to growth assets, instead investing in assets that track your scheme’s liabilities. Or perhaps you are concerned about the ability of your scheme’s sponsor to fund any shortfall in future and want to secure a scheme buyout with an insurer as quickly as possible.
Whatever your endgame, it is important for you to have a strategy in place that will help you realise it. That’s why instead of talking to you about a short-term plan covering each triennial valuation, we’ll help you devise your strategy, advise on its likely duration and, once agreed, guide you through and implement all the elements of your endgame.
So, whether you need advice on your scheme’s actuarial assumptions and its exposure to risk, or are looking for effective investment strategies, or want to understand what changes to accounting standards and pension legislation mean for your scheme, we’ll provide you with realistic, manageable choices.