Benefits

Retirement

Asset Liability Tracker

Asset Liability Tracker (ALT) is an online tool that will allow the sponsors and trustees of pension plans – both clients and non-clients – to manage their pension schemes in real time.

Towers Watson developed Asset Liability Tracker to help manage pension scheme risk. This tool not only helps clients to identify and quantify risks on specific measures, but to spot the opportunities to de-risk at an early stage, enabling the scheme to take advantage of the small windows of opportunity that exist to implement appropriate interventions to manage, reduce or even remove risk.

Asset Liability Tracker puts highly sophisticated modelling into the hands of plan sponsors and trustees, providing daily updates on a plan's assets and liabilities. The highly flexible set up and tracking options mean plan sponsors and trustees can manage the cost of the system based on their needs, and can choose to track a range of scheme-specific liability measures, determined by what is important to them. Read more...

In addition, Asset Liability Tracker has a unique triggers function. On a daily basis this checks the status of decision points that have been defined by the sponsor or trustees and the system issues an e-alert whenever a trigger changes status, providing a prompt for action to ensure that issues and opportunities are not missed.

Asset Liability Tracker is available online, delivering secure access to authorised users – sponsors, trustees and their advisers can all access the system if required – which provides a single platform for managing a pension scheme.

The system is licensed on a modular basis so that licensees only pay for what they need and can expand the modules they license as their needs develop and as additional modules are released.

The system is now available for sponsors and trustees of UK pension schemes to license, whether or not they use Towers Watson's advisory services. The system will be expanded in future for use with pension schemes outside the UK.

Videos

Take control of pension scheme risk

In this video, John Ball talks to Mark Duke about why trustees and plan sponsors are now taking a greater interest in risk, what risk management options are available to them, and how to select and implement the right options.
 

Take control of pension scheme risk with Asset Liability Tracker

In this video, Mark Duke talks to Neil Wharmby about Asset Liability Tracker, Towers Watson's online tool that allows sponsors and trustees of pension plans to manage their pension schemes in real time.