Controlling and financing the liabilities and assets within final salary pension schemes is commonly one of the most critical business issues facing today's finance professionals. Recognising the need for companies to receive a business centred consulting approach to their pension issues, we have created Xafinity Corporate Solutions. This brings together all of our corporate specialists - actuaries, consultants, investment advisors and lawyers - into one dedicated practice that is solely focused on delivering innovative pensions advice to the corporate community.
What services do we offer?
Our wide ranging services include:
- Scheme funding negotiations - Professionally guiding the company so they obtain the optimum solution in their discussions with the trustees and their advisors. We maintain a substantial bank of benchmarking data on assumptions to add authority to the negotiating process.
- Pension accounting disclosures - Understanding the businesses financial objectives (e.g. balance sheet protection or P&L maximisation) as well as the financial dynamics of the scheme's funding, are crucial elements in arriving at the most appropriate pension disclosures within the accounts. In Model Solutions we have a remarkable tool that enables companies to continually monitor the financial health of their schemes.
- Liability & risk reduction exercises - Restricting benefits, enhanced transfer values, increasing member contributions, partial buy-ins or buy-outs can all have a role to play in helping control the schemes liabilities.
- Corporate input to asset management - The impact of poor investment performance on the financial well being of the company is of such magnitude that trustees should not be left to formulate strategy in isolation. With our Model Solutions tool, companies can readily visualise the financial risks inherent within their current portfolio and arrive at an asset allocation that will deliver the optimum strategy, for the level of volatility and risk appetite of the company.