Trustee and Employer Covenant When The Pensions Regulator (our friends in Brighton) introduced the concept of Integrated Risk Management with its now familiar triangle of covenant, investment and funding (see below) many trustees thought it would be a case of...
For pension scheme trustees undertaking a scheme valuation in 2015 must wonder what they did in a previous life to upset the pension gods. Now facing historically low gilt yields, trustees were looking in 2012 at similarly terrible investment conditions and 2009 they...
When the unexpected happens, have you got a plan how to overcome the problem? Just as in business, succession planning for trustee boards is a major issue – yet how many trustee boards have an inkling as to what they will do if this were to happen? Here...