Pension risk-analysis service

We understand that many companies are concerned about the cost and risk associated with running a company pension scheme. In an increasingly litigious environment we feel it is important for employers to assess their pension strategy frequently. Our pension risk-analysis service enables employers to undergo a useful exercise in due diligence ensuring they act in the best interest of their employees and fulfil their legislative requirements.

At the same time, we can assess other factors of your pension scheme including:

• scheme charges
• scheme communication
• scheme structure
• investment strategy
• scheme efficiency

Be it as a matter of due diligence, or as a means to ensure your current scheme is still competitive, the pension risk-analysis service is a useful exercise for employers and trustees alike.

Typically, it begins with an initial fact-finding consultation. This normally lasts in the region of an hour and can take place either at your offices or at a mutually convenient location. Following this, we can provide you with a discussion document to explore your options. Where suitable, we can arrange for further consultations to enable us to prepare a paper on your existing pension strategy.

On many occasions, we have been able to identify methods to:

• reduce member charges
• provide additional communication
• improve administration processes
• reduce or eliminate employer fees
• reduce risk and liability on an existing pension setup

In some cases, these objectives can be achieved without instigating major structural changes to an existing arrangement.

Find out more about securing the best terms on your company pension scheme.