PFaroe offers the flexibility for actuaries to model the appropriate plan data for the intended purpose. Where results need to be detailed and accurate, such as for valuation purposes, liabilities can be modeled at a member level through PFaroe’s market-leading actuarial valuation system. Alternatively, for new business pitches, plans can be set up quickly using cashflow or present value information. PFaroe also provides flexibility for asset modeling. Assets can be mapped speedily to the extensive suite of PFaroe asset benchmarks, or actuaries can model bespoke ‘funds’ to use alongside these.

As cost-cutting and commoditization of actuarial projects continues in the pensions industry, actuaries need to constantly evolve how they deliver dynamic solutions to their clients. PFaroe excels in this respect. Not only can it perform standard plan analyses comprehensively and at high speed, it also allows for dynamic integration with investment policy and cutting-edge risk management techniques. PFaroe packages this in a client-friendly and illustrative web-based tool, which can be used in boardroom meetings, one-on-one with the CFO, and with all other key stakeholders as relevant. Access can even be provided directly to the end client to perform their own analysis.