Training

DC governance

Whilst training for DB trustees is long-established, regular training for DC trustees and governance committees is still an evolving area. At bac we have a wide range of options to support your DC training needs, including online modules and face-to-face workshops.

A key area of training concerns members’ retirement choices and what these mean for default investment strategies. By spending time working through the principles with trustees and sponsors, clients have been well prepared for their next review of investment strategy and/or provider.

For developing communication strategies, training sessions on the market campaigns run by major providers and by the Government can provide useful talking points. The psychology of how we make financial decisions is also helpful in these discussions.

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We have a leading-edge approach to DB trustee training. Our focus is on making training enjoyable and highly interactive

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YourView is our online training and evaluation tool. It can help evaluate the strength of your governance, decision-making, risk framework and advisers

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10 July 2020

In the news this week, the Chancellor’s summer statement is pensions-lite, a call for input is launched on data standards for pensions dashboards, a company looks to bring its DB scheme closure forward by four years and another large longevity swap is completed.

Getting buyout ready

Covid-19 has created many challenges for DB schemes but, for those ready to transact in 2020, it may have created even more favourable market conditions for a buyout. The problem is that most schemes are not there yet. In this Briefing we look at what being “deal ready” actually means and what work it will involve.

Pensions Arena April 2020

Given the very company/scheme-specific impact of the Covid-19 pandemic, in this quarter’s Arena we simply show all the usual financial and investment analysis for what was a very turbulent first three months of 2020, plus a summary of key pension developments and Company pensions news over the quarter.

Survey of company actions

Over the autumn of 2019, BAC conducted an extensive survey of the actions which companies are taking to manage their defined benefit (DB) and defined contribution (DC) pension arrangements.

Pensions Arena January 2020

2019 marked 50 years since Neil Armstrong walked on the moon and this was obviously on the Queen’s mind in her Christmas message as she talked about a bumpy year but one with small steps of progress as well. In terms of pensions, it also felt like a year of small steps and occasional bumps. In this quarter’s Arena, we take a positive look back at 2019, as well as looking forward to some expected pension developments over 2020.