Creating bespoke investment strategies across 5 different pension schemes

Client 1 is the UK division of a global manufacturing company with five pension schemes (total assets of c.£150 million). Each of the pension schemes is overseen by the same trustee board and we are engaged to provide investment consultancy services. 

The largest of the five pension schemes is very well funded, targeting a low dependency position by 2030. The remaining four pension schemes are poorly funded, targeting full funding on a Technical Provisions basis by 2030. 

Our services include quarterly client meetings, reporting and funding level monitoring to cover all five pension schemes in order to gain time and cost efficiencies. The investment strategies are bespoke to each of the five pension schemes and reflect their long-term funding targets, but commonality is targeted where appropriate – for example where a fund or strategy is appropriate for all schemes.