Pensions - Articles - Spence launch advanced Asset-Liability Modelling system

 Alan Collins, Head of Trustee Advisory Services at Spence, said: “Our new online Asset Liability Modelling system is an exciting development in our offering, allowing trustees and scheme sponsors to seek out investment strategies that target success against clear, plain-English objectives while mitigating sponsor-related downside risks.

 “Running the strategy and portfolio of a defined benefit scheme is not easy, especially where trustees and sponsors are looking for the best ways to manage risk. Developing the right strategies therefore requires the right data, analysed and presented in the right way, so we have designed our system to challenge the traditional means of how ALM is approached in order to help tackle these issues.

 “Contribution schedules, investment policies and event triggers can be set up so that they can be tested against multiple simulations underpinned by independent economic scenarios. This allows future investment changes to be planned and undertaken automatically. Combined with our expert advice and true integration between investment, administration and actuarial information, this allows our clients to access a unique and unparalleled framework for strategy planning and decision making for DB schemes.”