There are many challenges facing Trustees of Defined Benefit Schemes. Investment risk and matching assets and liabilities are two such challenges.
The need for advice to Trustees has never been more compelling with volatility of investment markets and longevity of scheme members being two major contributory factors.
Volatility of investment markets is hardly a new phenomenon but unless carefully managed can seriously impact on schemes’ ability to match assets and liabilities.
Longevity has impacted on the cost of providing defined benefit pensions since many schemes provide escalating pensions in retirement compounded by the number of years retirees are living.
Advizertech has been advising trustees of defined benefit schemes for many years and has developed solutions which can help trustees overcome these challenges. The solutions would encompass investment advice and developing a strategic plan.