Covenant Consulting

Covenant Consulting


  • Mercer Campaigns



 

A corporate covenant is critical to most pension plans and is significant for regulators, members and pension plan sponsors. Trustees need to have a sound understanding of covenant to support valuations, to provide a good basis for negotiations with the employer, and to satisfy regulator expectations. Sponsors need to understand the implications of covenant on trustee decision-making in order to optimise their pension funding strategy. The Regulator is increasingly proactive and demanding in its requirements, pushing covenant higher up and to the forefront of its regulatory agenda.

 

 

Download POV : AN INTEGRATED APPROACH TO MANAGING PENSION RISK *Required