Issues for Companies

• the Pensions Regulator's increased powers to intervene
• improving longevity means increased liabilities
• the threat of tightening accounting standards
• PPF - where will the scaling factor go and what will this mean for your levy?
• adverse impact on covenants and refinancing options
• employees' resistance to change
• growth in the market of providers of "buyout solutions"
  

How We Help Companies to Manage their Liabilities

• strategic business plan

We will advise you from start to finish, agreeing a structured approach tailored precisely to your own circumstances.

• independence and flexibility

Some companies need an inexpensive "off the shelf" package, such as those offered by insurers. Others need something much more specific. Our independence ensures you get a suit which fits without it having to cost the earth.

• phased buyout

This can be a useful strategy for controlling both investment and longevity risk. A flexible approach lets you do this at your own pace, using the best of the myriad buyout providers at the time.

• members' interests

Members will still expect a decent pension scheme and the impact on recruitment and retention is critical. Our wide experience of DB, DC, career average and cash balance plans means we can help you to select the best fit for your own circumstances.

• communication

Members tend to resist change to their benefits, often for good reason. A considered, grown-up approach to communication can explain motives and break down the barriers created by suspicion.

• technical audit

We'll work with your lawyers, financial advisers, accountants and HR staff to ensure
                    - legislative requirements are met
                    - accounting impact is as intended
                    - HR ramifications are managed