In this blog, Dan Mikulskis asks how well you have TESTED the impact of your covenant on your investment strategy.
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
Following the Government’s 2018 White Paper, the Pensions Regulator (TPR) has been ramping up its guidance on how schemes should be funded and managed – the Annual Funding statements of 2018 and 2019 as well as more recent TPR blogs have clearly signalled a direction of travel toward a new world of DB pensions regulation and oversight.
In this report we analyse pension scheme approaches to risk and set out a blueprint for trustees to navigate the journey to securing member benefits.3 July 2019
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 refreshed and reinvigorated our client’s approach to managing their integrated covenant, investment and funding risks, using LCP Sonar.
How we designed a comprehensive contingency planning framework addressing covenant, funding and investment risks, inspired by LCP Sonar.
Our new report sets out a blueprint for trustees to navigate their journey to securing member benefits.
How I can help
We help you get the best value out of your DC scheme and ensure the best possible outcomes for members.Discover more
We help you make important investment decisions, and make sure that your investments are performing as you need them to.Discover more
We help clients identify, manage and monitor pensions risks in an integrated way.Meet some of our experts
We help you get your investment strategy right to ensure good member outcomes in your DB and DC schemes.Discover more
LCP Sonar, our risk profiling tool, benchmarks your scheme against other pension schemes, covering covenant, funding and investment risks. You can quickly see how your scheme’s risk profile compares to others and think about the key risks for you.Meet the experts
We help our insurance clients to develop strong links between their strategy, capital management and risk management processes, improving their chances of business success.Discover more
We help pension scheme trustees and sponsors to determine the ultimate destination for their scheme and help them put together a plan to get there, including how to effectively manage the risks they face along the way.Discover more