Umbrella

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.