Approaching your 2025 valuation

Preparing for the first valuation under the new code can be an opportunity to review where the scheme is after an eventful few years for pensions. Sustained funding improvements have put many schemes in a good place to meet the requirements of the new code. However, trustees and sponsors should come together to engage meaningfully on the big-picture, long-term issues. 

The range of strategic options is expanding, and regulatory thinking is shifting, so it’s a great time to develop your plans. To help you navigate this, we've highlighted key themes we think will be at the forefront of 2025 valuations in our latest publication including:

• Manage compliance with the funding code
• Build plans for endgame targets
• Review and align investment strategy
• Plan sponsor input and engagement carefully 
• Be clear on the actuarial assumptions that are likely to need most discussion

You can read the full report here. 

If you have any questions or you'd like to discuss further, please get in touch.