We help our clients to see the big picture and to take a truly integrated approach to the risk management of their DB pension scheme. Good risk management of DB pension schemes is becoming increasingly important as they mature. We recognise that every scheme is different and will help you identify the key issues for your scheme.
The Pensions Regulator (TPR) has also emphasised the importance of risk management through its guidance to trustees on Integrated Risk Management (IRM).Take a look at our case studies
We discuss some of the key challenges DB schemes face and how good risk management can help meet them.
Looking at the strength of the employer’s covenant is the starting point for assessing the overall risk management.
TPR has now issued regulatory guidance for trustees and employers. This intends to help develop an IRM approach to scheme funding.
In December 2015, TPR released its guidance for trustees on IRM. This focuses on the interaction of the funding, investment and covenant risks in a scheme when making decisions.
But what benefit does IRM have for trustees and employers and how should they apply this in practice?Watch our webinar to find out more
Illuminate is our specialist tool designed to guide trustees and sponsors through the financial management of their scheme.
Risk management is at the heart of Illuminate. Illuminate will help you to understand risks in your scheme and design an integrated strategy to meet your needs. You will be instantly notified of key information relating to your scheme, allowing you to monitor the development of your strategy over time. A dynamic tool, Illuminate will help you continually refine your strategy in light of market developments.Find out more on how illuminate can help you
In spring 2017 we conducted an extensive survey of UK pension schemes' approach to risk management and their compliance with TPR's guidance on IRM.Benchmark your scheme's risk management