As the appointed Scheme Actuary to over 300 schemes with combined assets of over £400bn, WTW is in a position of strength to offer an insightful and market-leading Scheme Actuary service that meets the needs of a diverse range of trustee boards:
- Client focus – our approach is centred around tailoring our services to help meet the objectives of the trustees we work with. Backed by high quality research and deep expertise, we provide clear, well-founded advice that supports trustees in managing their pension schemes effectively.
- Collaboration – we work closely with trustees and other advisers to ensure a joined-up and seamless approach. Whether it be working closely with administrators to ensure a positive member experience or delivering a coherently integrated funding and investment strategy, our collaborative approach supports trustees in delivering successful outcomes.
- Expert network – our consultants have an unparalleled network of senior scheme actuaries with experience of consulting across the largest and most complex schemes. This provides a fantastic training ground for our most junior consultants and a powerful support network for our most senior actuaries in ensuring advice is challenged, peer reviewed and robust.
- Operational excellence – our operational structure, working practices and resourcing are geared towards offering clients the scalability of resources – a technically excellent minimal compliance service model when required, scaling up to a comprehensive and bespoke service delivery model on demand. At the heart of this commitment to operational excellence is our Defined Benefit Full-Service Pension Management – OneDB solution which offers a digital first approach to managing defined benefit schemes.
We are routinely at the forefront of designing and implementing new and innovative solutions, particularly for the largest defined benefit schemes. For the largest schemes this means we are able to meet their unique needs and complex challenges, whilst smaller schemes can benefit from this industry-leading innovation via scalable solutions.
Our ability to communicate and work effectively with trustees is enhanced by a significant use of technology to deliver our advice and achieve efficiencies. Software has an important role to play in helping trustees and their members understand their situation and make the right decisions. For example, our Asset Liability Suite software has helped hundreds of trustee boards plan, monitor and take action in relation to their funding and investment strategy.
