We help our clients manage their balance sheet risk and support their asset and liability management decisions by providing a thorough assessment of both their scheme assets and liabilities. We then establish a client-specific Asset and Liability Management (ALM) risk management framework. 

An effective ALM approach is central to achieve greater certainty of pension payments for members and greater stability of contributions for employers. We adopt a holistic and robust approach by looking at both sides of the balance sheet - assets and liabilities to help our clients manage their balance sheet risk. 

The ALM risk management framework:

• Informs governance
• Informs funding strategy and objectives
• Informs asset allocation decision-making to meet short, medium and long-term funding requirements
• Informs the development of an appropriate investment strategy to meet pensions schemes’ liabilities.