Rutherford Wilkinson signs up to PFaroe to enhance investment advice to defined benefit pension plans
The risk analytics platform will enable Rutherford Wilkinson to offer better investment advice to pension plans, particularly those considering LDI solutions.
Newcastle-based financial planner Rutherford Wilkinson is the latest to adopt RiskFirst’s risk analytics platform PFaroe, which now has over 850 pension plans and $700 billion of pension liabilities modelled on it. With the use of liability-driven investment (LDI) solutions continuing to expand, Rutherford Wilkinson will use PFaroe to offer defined benefit (DB) pension plans regular asset and liability valuations, and investment advice based on granular risk analytics, including asset-liability modelling, value-at-risk (VaR) analysis and sensitivity testing.
Ian Wilkinson, Managing Director of Rutherford Wilkinson, comments:
“PFaroe’s detailed risk analytics will allow us to better demonstrate to clients the risk inherent within their plans; off the back of which we can offer improved investment advice, especially around LDI. Such high-level advice based on detailed asset, liability and risk information has historically been the preserve of the larger consultancies, but we can now offer it independently at a compelling price – which is fantastic from a business development perspective.”
Matthew Seymour, Managing Director, RiskFirst, comments:
“We are delighted that Rutherford Wilkinson is adopting PFaroe to help drive forward its business. This continues the theme of innovative and responsive consultancies leveraging PFaroe to provide a suite of analytics to effectively compete with their larger peers. PFaroe is now increasingly being looked upon as the industry standard way to measure and monitor DB pension risk.”
About Rutherford Wilkinson
Rutherford Wilkinson is one of the largest and most successful chartered financial planners in the North East, boasting many household name companies and high-profile individuals as clients.
For more information, visit http://www.rwpfg.co.uk/