Published by Simon Taylor on
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We also expect the consultation due in the summer, to look at potential tramlines for acceptable funding assumption ranges and recovery plan lengths and a “comply or explain” regulatory regime.
It is now vital that companies sponsoring DB pension schemes begin the process of identifying a robust, achievable and stress-tested long-term target for their scheme, together with a journey plan for getting there, to agree with the scheme trustees. There are several reasons for this:
DB Navigator™ provides a framework for the analysis required to enable sponsors and trustees to agree an appropriate journey to the endgame, whether that be buyout, consolidation, self-sufficiency or controlled run-off. It combines our traditional actuarial and investment consultancy skills with a deep knowledge of the options available for settling benefits in the short and long terms. It enables us to cut through the complexities to focus on the key issues and illustrate the benefits and returns to the company of the spend required to reach its long-term target.