New platform delivers faster, lower cost pension scheme management solutions.
JLT Employee Benefits has launched a new Investment Platform to provide an all-inclusive investment management solution for trustees of defined benefit (DB) pension schemes.
It is designed to provide trustees with a faster, less bureaucratic approach to DB scheme management with reduced fees achieved through JLT Employee Benefits’ buying-power in the investment management market.
The JLT Investment Platform provides manager research and selection, transition management, investment reporting, asset allocation and solvency management on a bundled or stand-alone basis. The JLT Investment Platform combines the skills of our investment consulting and management divisions to provide access and management to a wide range of investment opportunities from third-party managers.
Paul Francis, Director, Investment Consulting at JLT Employee Benefits says:
“DB scheme trustees have more than enough to worry about without having to deal with the daily minutiae of investment. Using our new Investment Platform, trustees set the overall investment strategy and asset allocation in agreement with our experienced consultants and fund managers, then we take over the rest. They receive a better, faster service at lower cost thanks to our investment expertise, administration excellence and bulk-buying power in the market. Although designed as a bundled service we can offer trustees complete flexibility. If they only want one of our platform services or a combination of several, we can tailor our delivery to their exact requirements.”
The JLT Investment Platform offers:
Â· Lower Cost: Pension schemes contract directly with JLT Employee Benefits rather than individual fund managers, enabling us to pass on the benefits of bulk-buying through lower fees.
Â· Faster: A wide range of third-party investment managers are accessible on the platform enabling switching and transition management to be delivered quickly, eliminating delays and costly manager beauty parades.
Â· Implemented Research: JLT Employee Benefits thoroughly researches an extensive universe of managers, giving trustees easy access to ‘best-in-class’ single and multi-asset investment management on the Platform.
Â· Solvency Management: Regular monitoring of investments and asset allocation enables investment trades to be implemented once pre-agreed triggers are met, either on an advisory or fully delegated basis bringing together the skills of our investment consulting and management divisions.