Manage risk, governance and cost while delivering an effective pension strategy
Trustees of defined benefit (DB) pension schemes face a continual wave of pressing challenges across all fronts. There are the core legal and regulatory responsibilities that trustees must meet, as well as more specialist challenges across areas as diverse as GMP equalisation and conversion exercises, employer covenant and risk management. Increasingly, trustees must also craft a long-term strategy for their pension scheme, whether this is working towards a lower employer dependency or fast tracking towards buy-out. And all this must be delivered against a backdrop of cost and resourcing challenges.
The never-ending cycle can feel overwhelming as in-trays fill up. It’s crucial to work with a firm of pension specialists with the wide range of actuarial skills and bandwidth to help trustees tackle these challenges head on. You also need a partner that can create tailored, sustainable and pragmatic solutions that enable you to mitigate risks and plan the future.
We provide a full suite of actuarial services for pension schemes, from scheme actuarial appointments where we advise the trustees of the funding position of the scheme and carry out regular valuations, to advising clients on pensions strategy, journey planning, de-risking and GMP equalisation, as well as integrated risk management.
Our capabilities include:
- Scheme actuary
- Actuarial valuations
- Journey planning
- De-risking and liability management-advice
- GMP equalisation and conversion exercises
- Integrated risk management services
- Strategic pensions advice
- Covenant advice
The number of pension schemes to which we’ve been appointed actuary
The number of years most of our clients have been with Capita
The number of DB schemes we advise
Scheme trustees and sponsoring employers can often have different objectives. We help both parties work together in a collaborative approach. And we collaborate internally too. Our actuarial consultants work closely with our pension administration and technology specialists so that our clients benefit from a joined-up, efficient and cost-effective advice.
Experience counts. We have been appointed scheme actuary to over 200 pension schemes. While we advise schemes with over £1 billion in assets, our core market is on schemes with assets of up to £500 million. A trusted adviser to our clients, many schemes have been clients for over ten years.