Data analytics has always been central to our work with pension schemes, from valuing and managing liabilities to projecting longevity, behaviours, and trends.

In recent years, there has been a growing desire from employers for greater governance around employee benefits—similar to what’s in place already for DC and DB pensions. This has led to an increased requirement for informed decision-making based on actual experience which can only be achieved from detailed analysis of the data.

Through the use of data analytics, employers can gain valuable insight into their people and their pension and benefit programmes. In turn, this information can be used to design, develop, and genuinely tailor benefit programmes, improving total wellbeing and raising engagement.