Reviewing the impact of your pension scheme’s Investment Strategy
How the assets of a pension scheme are invested is very important. For example, are they mostly invested in growth assets such as equities, or in more defensive assets such as bonds? The investment strategy and associated level of risk is the key driver of changes in scheme deficits, and therefore of employer deficit recovery contributions.
We provide comprehensive pensions consultancy services to employers with both defined benefit and defined contribution schemes, from helping corporates developing an integrated pensions strategy, to scheme implementation and ongoing management and governance.
We advise a broad range of employers on developing, reviewing and implementing their pensions strategy. This includes:
Defined Contribution strategy and design - we help employers with all areas of Defined Contribution pension scheme design, including contribution structure options and SMART (salary sacrifice). In addition we help employers consider what additional employee benefits would complement the DC offering.
Implementation - Following agreement of the strategy, we support employers in evaluating the most appropriate provider. We also provide full project management services to support the implementation of the agreed strategy.
Governance - as well as supporting trust based DC schemes, we advise on the establishment and ongoing support of DC governance committees. For trust based schemes, we provide a range of trustee support services including trustee composition and structure reviews and risk management services.
Communications - we help employers and trustees develop and implement their employee/member communications strategy, including drafting and delivery, alignment with rules and wider statutory requirements.
Our actuarial practitioners provide a full range of specialist pensions actuarial services to scheme trustees and sponsoring employers including formal Scheme Actuary appointments, accounting disclosures, scheme funding strategy advice and funding negotiation support for employers.