Imagine you looked at your scheme’s funding in late 2019. And then you fell asleep. For a year. (Warning: review of funding more frequently than once a day has been known to induce side effects, like deep sleep.)

Then imagine you wake up this morning, not from the kiss of a prince or princess but from a text message from your funding tracker (almost as good?): you’re funding hasn’t changed. But wait, what – it’s 2021?

Well, ending up where you started out might be fine if you started in a good place. And if you survive the ride. But the C word is a reminder that survival of the sponsor is not a given. Improving member outcomes is all about the journey of the scheme and the sponsor.

With most pension schemes emerging from 2020 relatively unscathed in funding level terms, now is a critical time to wipe sweat off brows, and to forge a path to better member outcomes.  So, for a 2 minute refresh of what happened whilst you’ve been sleeping(!)…. and some top tips for a journey that improves member outcomes, check this out!