The benefits consultancy will use RiskFirst’s web-based platform to help sponsor and trustee clients identify risks within their funding and investment status and drive better decision-making
UK pensions consultancy Premier has adopted RiskFirst’s risk analytics platform, PFaroe. PFaroe will allow Premier to look at its clients’ pension risk from multiple perspectives, improving the effectiveness of investment decisions and de-risking solutions. As many as 50 clients – both plan sponsors and trustees – will have access to PFaroe’s analytics.
John Herbert, Head of Actuarial Services at Premier, comments: “We pride ourselves on providing a service that’s innovative, accurate, timely, forward-looking and adaptable. In PFaroe we have found the perfect fit – a platform that allows us to enrich our client experience with real-time pension information and analytics, in a cost effective manner. PFaroe will form an integral part of our new business proposition, allowing us to demonstrate our capabilities and differentiate ourselves from competitors.”
Matthew Seymour, Managing Director, RiskFirst, comments: “The UK advisory space is swiftly ramping up in sophistication in terms of the way it deals with risk, and its pleasing for us to see that over a third of UK defined benefit schemes now have an advisor using PFaroe. Premier is well recognised for its innovative approach and we are delighted that they are adopting PFaroe to help achieve their ambitions of transforming the quality of client service in the industry.”
Premier is a benefits consultancy providing a full range of tailored services to pension plan trustees, individuals and companies including pension administration, actuarial, pension and benefit consulting and individual financial advice. For more information please go to http://www.premiercompanies.co.uk/