Many pension schemes aim to establish a long-term strategy, gradually reducing their reliance on the employer covenant. This approach is expected to become a legal standard in the future.
Our focus lies in assessing risk throughout the scheme's entire lifespan rather than just short-term periods. This holistic approach helps achieve a balanced management of covenant, investment, and demographic risks. We guide you in selecting the optimal end goals and the most efficient timeline to reach them.
Successful leadership hinges on strategic alignment and securing commitment from executive teams, key stakeholders, senior staff, and board members.
Without clear strategic alignment, teams may develop conflicting priorities, leading to disjointed efforts and forcing leaders into reactive management, ultimately hindering the realization of organizational objectives.