Risk of Ruin framework - Case studies

The Risk of Ruin research report, published  in July 2017, set out the Risk of Ruin concept and demonstrated how it could apply for a typical pension scheme.
Over the coming months we will be releasing a series of case studies which show how we use the Risk of Ruin framework to deal with real issues faced by pension scheme trustees and sponsors.
The first case study deals with a situation in which the credit quality of a large company sponsoring a modestly sized defined benefit pension scheme has been weakened by a voluntary act of the sponsor.
The second case study looks at the reverse situation: How a trustee board used the Risk of Ruin to work out what to do when the employer covenant improves.