In this scenario the investment sub-committee meet to discuss the DC scheme investment strategy and review the default investment strategy and alternative investment options provided to members.

In this scenario the investment sub-committee meet again to discuss the last quarter’s performance of the investment options and the charges. They make further recommendations to the trustee board as a result.

Complete the worksheet to understand your own scheme in relation to the learning from this module

Learn about what the investment strategy in the context of a DB scheme and an integrated risk management framework means including setting a target asset allocation strategy.

Here we revisit how changes in market conditions impact the value of the scheme's assets and liabilities, but this time in the context of understanding the risk in your scheme's investment strategy.

Learn about scenario analysis which can help you understand how changes in economic and market conditions could impact the current investment strategy.

Learn about how the randomness of future economic and market outcomes can be incorporated into pension scheme modelling.

Look at the typical ways the riskiness and potential reward of an investment strategy can be changed by the trustees.

Learn how the tools, tasks and approaches covered in the module so far can be used to assess a pension scheme's current investment strategy and to support proposals to change the strategy.

In this scenario the full trustee board complete their fourth quarterly review of the employer covenant, funding strategy and investment strategy. As a result the investment sub-committee meet to review the DB investment strategy in more detail.