Pegasus - Your Pensions Executive

Our story

We observed that as defined benefit pension schemes became a legacy issue, in-house pension teams became widely under-resourced. Increased regulation and complexity put further pressure on these limited resources. In our experience, this has meant greater reliance on more expensive advisers and/or members of the trustee boards to deliver across a spectrum of activities from routine governance and secretarial tasks through to strategic projects. We felt that we could provide more cost effective solutions to this challenge.

Why Pegasus?

✔	Relevant	We draw upon the breadth and depth of experience across our team, and from wider industry insight, to ensure that our services remain relevant and that we embed best practice in the schemes we support.
✔	Tailored	We tailor our services to our clients’ needs and actively engage with them and their teams, including advisers, to shape and deliver bespoke solutions.
✔	Flexible	This invariably involves working flexibly as circumstances evolve and requirements change during the course of our appointments.
✔	Committed	We are committed to consistently delivering quality and cost-effective solutions to our clients.

We are typically engaged to:

lighten the load on trustees, sponsors or the existing pensions executive team - this may be to address short term or longer term resourcing needs
provide independent specialist support on strategic, governance and operational issues
evaluate and enhance the value-add from advisers and suppliers
drive forward and provide over-sight for key projects
act as an interim or permanent trustee’s or corporate’s pensions executive arm

Interested in working with us?

View our vacancies

Our Services

Our services are designed to meet a common goal:

To deliver a well thought out strategy supported by strong governance and efficient operations.

This, coupled with an effective trustee board and a team of quality advisers, would deliver value for money and better outcomes for trustees, corporate sponsors and members.

Our role and services can be tailored to be as broad or specific as required to match the requirements of the trustee board or the in-house team we are working with.

How we help our clients deliver on the following:

Successful Strategic Change

Developing long term journey plans including de-risking strategy
Strategic review of governance and pensions resourcing model
Change projects management/oversight
- risk transfer via buy-in/buy-out and longevity swap
- member exercises
- selection and transition of advisers/suppliers
- data and GMP projects
- DC investment transitions

Strong Governance Controls

Developing and delivering tools, policies and procedures to:
- manage risk and demonstrate internal controls
- assess trustee effectiveness
- review adviser/supplier performance
- select new trustees
- assess and deliver TKU needs

Efficient Ongoing Operations

Meetings cycle management
Secretarial services
Budgeting and cost control
Contract management of suppliers and advisers
Resolution of complex member cases including IDRPs and discretions
Process review and improvement

To discuss how we could help, please email pegasus@lawdeb.com.

“The team has stepped into a high profile pension scheme of significant size and complexity and comfortably taken on all of the challenges presented.”
Secretary to the Trustees, Royal Mail DC Pension Plan