Economic uncertainty, new legislation, and evolving regulation are challenging trustees and sponsors of defined benefit (DB) schemes to get the right support and funding.

Funding DB schemes is often a major strategic issue for trustees and sponsors alike. A balanced approach is key– protecting a scheme’s interests while not unduly constraining the sponsor’s prospects.

  • Award-winning covenant advice
  • Actuarial and IRM advice
  • Regular thought leadership
  • Award-winning covenant advice
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    Specialist covenant advice for sponsors and trustees in respect of valuations and transactions.
  • Actuarial and IRM advice
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    ‘IRM Gateway’ that brings alive integrated funding and integrated risk management.
  • Regular thought leadership
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    Thought leaders in DB-pension funding issues – from sponsor longevity and climate change to ‘endgame’ planning.
Luke Hartley
Head of Pensions Advisory Services
Luke Hartley

Our services:

We provide award-winning employer covenant advice in relation to both actuarial valuations and transactions – for trustees and sponsors.

Transactional experience ranges from modest M&A deals to global strategic disposals, major multi-creditor restructurings, and insolvencies and complex group reorganisations.

You'll get advice on formulation of an IRM framework that highlights the material risks each element of the integrated funding approach is exposed to, and clearly sets out measures trustees and their advisers can take to address off-plan performance.

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DB-pension liabilities can have a hugely significant impact on the financial strength and profitability of a company. There are a number of ways employers can reduce these liabilities and the risks attached to them.

You'll get help choosing the right approach for your needs. We've many years of experience advising on traditional risk removal projects, across a variety of scheme sizes, complexities, and maturities, and can advise you on a tailor-made solution specific to your objectives.

There are an increasing number of strategic solutions available to schemes and sponsors as schemes navigate towards their 'endgame'. These include consolidator transactions; capital-backed journey-plans; insurance-based structures; and master trust arrangements.

You'll get advice on a range of strategic 'endgame' options for schemes in a methodical, proportionate, and cost-effective way – helping identify which options are plausible; which ones are not; and advising on the planning and execution of your choices.

Pensions

Pension provision is an essential issue for employers, and the role of the trustee is becoming increasingly challenging.

Delivering a quality, tailored service that supports trustee governance

How we help our clients

We're a multiple award-winning team who've advised on over 1,000 valuations and transactions – working extensively with both The Pensions Regulator (TPR) and the Pension Protection Fund (PPF).

We've acted as lead advisers in high-profile pension restructurings and implemented ground-breaking solutions to complex scheme-funding problems.

Our awards

Winner: Pensions Age Awards 2022 Sponsor Covenant Provider of the Year

Winner: UK Pensions Awards 2021 Sponsor Covenant/IRM Adviser of the Year

Shortlisted: UK Pensions Awards 2022 Sponsor Covenant/IRM Adviser of the Year

Six months of choppy waters in DB pensions

What are the key trends for pension schemes to be aware of as we move into the second half of the year?

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