The UK-based consulting actuaries will use the risk management platform to offer a holistic service covering actuarial services and investment advice
UK-based H&C Consulting Actuaries (formerly Harvey & Clamp) have adoptedRiskFirst’s PFaroe to offer clients daily asset and liability valuations, as well as high-level risk advice based on detailed Value-at-Risk (VaR) figures. H&C looks after around 50 pension schemes.
Chris Hunter, Partner at H&C, says: “Clients are increasingly demanding detailed VaR figures as they look at ways to manage and reduce their risk, as well as in response to directives from The Pensions Regulator. PFaroe is a powerful system that allows us to provide daily valuations and risk figures efficiently and cost-effectively – improving our offering for present and prospective clients. Indeed, we can now look to implement flight plan strategies for clients, which would have been out of reach for some of them in the past.”
Matthew Seymour, CEO, RiskFirst, comments: “H&C are a small dynamic team that pride themselves on offering tailored solutions and strong value to their clients. We are delighted that they have chosen PFaroe to complement their offering, highlighting the platform’s widespread appeal and flexibility.”