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Trustee – Defined Benefit Consulting

Trustees have a great responsibility – to provide the right benefits to members in an efficient and effective way. We will partner with you to ensure this happens and to make your scheme a success; this is central to our approach.

Our advice is concise and clear. We will help you make the right decisions and take the right actions at the right time. 

Our culture is one of putting clients first. Our clients invest more than their time and money with us; they also invest their trust and we aim to continue to renew that trust every day through our professionalism, openness and high ethical standards.

We will use technology to work effectively with you and to deliver our advice in a cost-effective manner. In particular, software has an important role to play in helping you understand your situation and make the most appropriate decisions.

As part of our initial service to you, we will perform the following activities:

  1. 01

    Governance review

    We will use our market-leading tools to assess your current governance framework, identifying and creating an action plan to enable you to improve the areas you deem most important. The IRM+ tool has been developed to provide trustees with a high-end evaluation of how they manage the scheme's key risks. It is designed to align with the Pensions Regulator's (TPR's) integrated risk management guidance and, in particular, focuses on how key risks in covenant, funding and investment are managed. It helps identify areas, including governance and operational efficiency, that may need more attention or where resources could be used more productively.

  2. 02

    Financial monitoring

    On completion of your first valuation, we will set up our Asset Liability Suite, which will allow you to have complete oversight of the scheme's funding positions, enabling you to make real-time decisions. Asset Liability Suite is a powerful, market leading software platform that lies at the centre of our offering. Over 230 schemes covering around £500 billion of liabilities use this software. It can quickly produce management information in a cost-effective manner and allow discussions about cost and risk, illustrating the impact of different market conditions and de-risking strategies.

  3. 03

    Broad range of services

    We provide the full range of consulting services to trustees in respect of UK defined benefit and defined contribution pension schemes. We structure our services into the categories of 'core' and 'additional', so you are clear on what you should do and what else you are buying for the benefit of the scheme.

Asset Liability Suite

Find out how Asset Liability Suite can help you better manage your pension scheme costs and risk.


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