Strategic clarity for scheme funding and corporate activities
We create a well-managed scheme with a clear strategy, which leads to better decisions and fewer surprises along the route. At the start of a valuation process or relevant corporate activity, we help you establish how to deal with the regulatory process and how this should influence the company and trustees approach. As part of our strategy, we:
- Secure Liabilities
There are a variety of options available for trustees and employers to ensure the long-term security of their pension schemes.
As leaders in this field, we can provide extensive, unbiased, clear advice on your options. Working alongside our actuarial and investment colleagues, we help you develop and execute strategies to secure pension schemes in a way that meets your specific and strategic needs.
- Mitigate Risks
Businesses must balance the need to ensure scheme security against demands on their own cashflow and other assets. This pressure is compounded as schemes mature and the need to balance security and cash flow demands in order to pay pensions becomes increasingly challenging.
We work with our specialist investment colleagues to advise you on alternative funding solutions dependent on your individual circumstances and strategic objectives.
- Redesign Benefits
Our innovative, real-world approach means we can advise trustees and employers on how to reduce scheme liabilities.
Our deep experience includes providing advice in relation to benefit redesign, advising on changing the way in which discretions are exercised and obtaining court rulings allowing schemes to change the basis of indexation used when calculating benefits.
Review and Improve Governance
We identify and address any weaknesses, perceived or otherwise, in the governance structure, including conflicts of interest to ensure there is clarity on positions taken and processes for decision making.
We help document the process followed and intention behind action, on the assumption that it will be available to all parties. This should include company/trustee board minutes and detail on dividend recommendations, such as supporting analysis showing the appropriateness, sign off and payment process.