Scheme Funding
Since its implementation the Statutory Funding Objective (SFO) funding regime has
increased the level of prudence made in determining scheme liabilities and therefore
increased costs. In many cases it is has also meant a partnership approach to determining
the assumptions between employers and trustees. However, without your own advisor
it can be difficult to stand-up to the trustees and the Scheme Actuary and ensure
that the assumptions used are not excessively prudent.
We can help employers by negotiating a better deal on Scheme Funding. Our clear
advice and helpful software tools are just as useful for advising employers as they
are for acting as Scheme Actuary. With our help you will
understand which assumptions are important and how even very small changes to some
of them can have a substantial impact on the level of contributions required. This
will enable you to agree a reasonable and affordable deal with the trustees.