Gazelle is a leading independent specialist FCA regulated covenant adviser providing employer covenant assessment, covenant advice Gazelle is a leading independent specialist FCA regulated covenant adviser providing employer covenant assessment, covenant advice and solutions to enable trustees and sponsors of defined benefit schemes to navigate UK pensions regulatory and legal requirements.

Gazelle is a leading independent specialist FCA regulated covenant adviser providing employer covenant assessment, covenant advice and solutions to enable trustees and sponsors of defined benefit schemes to navigate UK pensions regulatory and legal requirements.

For UK defined benefit schemes the financial support provided by the sponsor covenant increasingly underpins decisions and judgements made by both trustees and sponsor on funding plans and investment strategy. In addition protecting the security of members’ benefits requires ensuring that appropriate covenant support remains in place through corporate and scheme transactions, and that risks to covenant are effectively monitored over time.
Gazelle was one of the first firms to provide covenant assessment and monitoring following the Pensions Act 2004. We provide our scheme clients with senior level experience, expertise and advice on all matters relating to the sponsor covenant, including integrating this advice with funding and investment strategy for Triennial valuations.

Transactions: We regularly advise on the pension impact of the largest and highest profile UK corporate and scheme transactions. Negotiating scheme support arrangements in complex financial transactions is a core Gazelle service.

Integrated risk management: We have developed the first commercial integrated risk model. This integrates longer-term modelling of sponsor support with scheme asset-liability modelling to provide quantitative pension risk analytics for the overall security of member benefits for an individual scheme. We believe that these new risk analytics provide an important advance in managing pension risks for UK defined benefit schemes.

Gazelle is a leading independent specialist FCA regulated covenant adviser