KPMG Fusion gives companies with defined benefit pension schemes and trustees up-to-date financial information. It is an online platform that allows you to see all numbers at the touch of a button in real time. But Fusion is much more – it is a means for bringing insight. It has been designed to let you easily understand and model the options for managing cost and risk and see immediately what you can achieve.
- Instant access to real time pension information online
- User friendly, intuitive, accessible and easy-to-view format
- Everything at the touch of a button in one place
- Effectively monitor your current financial position
- See how the scheme(s) has evolved and why
- Model the cost and risk impact of solutions in real time
- Model solutions together to produce an overall holistic strategy
Bringing the KPMG Fusion tool together with our expertise, we provide solutions tailored to your specific requirements. With your information and our insight at your fingertips, we can work with you to test, improve and update your pension strategy.
The KPMG Fusion library
Beyond its modelling functionality, Fusion holds a library of relevant information including documentation relating to the users’ own scheme(s) such as the recent Actuarial Statements, investment monitoring reports, or accounting advice complemented by details of how the various de-risking approaches operate.
For example, a KPMG Fusion user might have been modelling how offering a pensions increase exchange could affect their funding position. Through KPMG Fusion, they can access KPMG information about how pensions increase exchanges operate, what leading practice looks like, how market practice has evolved and examples of successful outcomes. And in addition to this broader information, they have their own scheme data with details such as their member profiles and policies. By blending real time analysis and a data library with modelling functionality, KPMG Fusion can give users a completely new perspective on the options for their pension schemes. Using our expertise and insight, and in working closely with us, Fusion users will be able to develop strategies for their pension schemes in a way, we believe, not seen before.
How might you use Fusion?
Andrew Cawley, Head of Pensions says: “Fusion enables a user to, at the touch of a button see the scheme’s changing financial position in real time. But more than that, it allows users to look ahead, modelling the impact of different scenarios on their own scheme. For example, a finance director, trustee or pensions manager contemplating a member option exercise can see how that might reduce risk or impact on time to get fully funded. A user might want to model how a different investment strategy will affect their scheme’s profile in the future. Perhaps some asset-backed financing is an option? Again, Fusion can model this.”
For more information
If you are interested in finding out more about KPMG Fusion or would like a bespoke demonstration please contact Andrew Cawley or your usual KPMG Pensions contact.