In this series of our bite-size videos, we consider how pension schemes and their stakeholders have been impacted by the rapid improvements in scheme funding resulting from the recent rise in gilt yields.

The Annual Funding Statement appears to factor in some of the feedback on the draft Funding Code, providing more nuanced commentary on covenant and integrated risk management.
Emily Goodridge and Christopher Heritage summarise the key points here.

We recently commissioned research with Mallowstreet to look at the challenges and barriers to improving diversity, equality, and inclusion (DEI) across the pensions industry.

At the end of 2022, The Pensions Regulator published its long-awaited draft Funding Code and consultation. We explore what the changes mean for pensions trustees in four short videos. Watch them to to find out more.

A corporate transaction can have a material impact on the employer covenant, future funding plans and risks faced by a pension scheme. To help trustees navigate such events, we have produced three short videos for you to watch

The Pensions Regulator (TPR) published its Annual Funding Statement (AFS) setting its expectations of trustees and sponsors for the year ahead. Covenant remains a key focus as trustees are encouraged to focus on current challenges and longer-term risks. Emily Goodridge and Nigel Sillis summarise the key points here.

As schemes get better funded and more mature, the role of the covenant advisor, and how we all think about covenant, needs to change. It’s no longer about a simple rating, on a scale of weak to strong, it’s about the “so what”. To challenge your thinking on this topic, we have produced four short videos for you to watch.

Tim Denton, explains how setting you long-term objectives is key when planning ahead for your scheme’s end game.

Cardano’s Helen Prior explains cashflow matching and how to ensure your scheme has cash available to match beneficiary payments.

Covenant Rating Scale: Our ground breaking 9-point rating scale gives you even better guidance both on covenant today and how it may change over time.

Steven Berkovi, explains how having a portfolio that is genuinely diversified between growth-seeking and defensive investments will keep your pension scheme investments in the sweet spot.