The Advisory Division provides advisory services to UK defined benefit pension schemes, UK defined contribution schemes, US pension schemes and insurance firms. This includes investment, actuarial and transaction advice. The Advisory Division operates under the P-Solve brand.
Investment advice represents the provision of traditional advice on asset allocation (including hedging where appropriate), investment manager selection, transition management, ongoing governance support and implementation of derivative solutions. This service is provided across a range of client types, in both the UK and the US.
The Group provides a number of clients with support and advice on actuarial issues. Currently these services are provided only to US pensions clients.
Transaction advice involves the provision of advice to US companies with large DB pension schemes on issues relating to their DB obligations arising from mergers and acquisitions, transactions or engagement with multi-employer plans. This service is currently provided only to US pensions clients.