Are you applying your time and resources in the most effective way to achieve your pension scheme's investment objectives?

Many trustees recognise that managing the investment arrangements of a defined benefit (DB) pension scheme is a complex and onerous task. They have a finite amount of "governance", i.e. time, resources and expertise that they can deploy to manage pension schemes. Investment tools are also becoming increasingly complex and there is an ever-increasing demand on this governance budget.

One solution to consider?

Mercer has developed a flexible range of implemented investment solutions that allow trustees to delegate some or all of their investment decisions and so free up valuable governance resources that can be better used elsewhere.

The diagram below highlights the key investment issues and questions that need to be considered when organising the assets of a DB pension scheme.

An implemented investment solution allows trustees to focus their governance budget on the key, higher-impact items like setting investment objectives and deciding investment strategy. Day-to-day investment matters such as selecting managers can then be delegated, on a selective basis if desirable, to Mercer.