In this blog, Mary Spencer and Fran Bailey discuss pension journey planning and the importance of developing an effective risk management plan that supports a long-term journey.
Hi, I’m Mary. Before they make any big investment decisions I help my clients really get to grips with their own objectives and the key risks they face. After all, they’re putting in place long term plans to ensure the success of the scheme. From the point that these building blocks have been put in place, all decision making can be more focussed and effective.
My belief is this process doesn’t have to be boring! I’ve helped develop LCP’s tools that help trustees breathe life into the way they think about their pension schemes. I make discussions interactive and inclusive, so everyone’s involved and all voices are heard. I know that if I present a lot of data to my clients, there’s a chance they’ll remember the message; but my fresh approach reinvigorates them and helps them actually learn.
I’m a qualified actuary and pride myself on my attention to detail, which helps in my role in our asset transfer team (which makes sure scheme’s assets are transferred correctly and in a cost-effective way). I also lead LCP’s research into emerging market equity managers.
Mary is a pleasure to work with. She is always well informed, understands the trustee’s needs, and provides clear and concise advice.
Our latest thinking
In this blog, Mary Spencer looks at the case for emerging markets – do they have potential as an attractive long-term partner for investors?
LCP Sonar benchmarks schemes by looking at financial data covering covenant, funding and investment risks, to see where they stack up compared to other pension schemes. Trustees can see the importance of considering a scheme’s risk profile as a whole, and understanding how these risks interact. It also highlights governance risk, with helpful actions in key governance areas to illustrate best practice.18 September 2018
How I have helped our clients
How we designed a comprehensive contingency planning framework addressing covenant, funding and investment risks, inspired by LCP Sonar.
How we refreshed and reinvigorated our client’s approach to managing their integrated covenant, investment and funding risks, using LCP Sonar.
How I can help
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