An assessment of the employer covenant measures the ability of the sponsor to meet its obligations to a scheme, both now and in the future.
Covenant assessment is a relative concept and therefore the qualitative and quantitative strengths and weaknesses of the covenant must be considered in relation to the funding requirements and investment risk of a scheme.
A robust understanding of the covenant supporting a scheme allows for more informed journey planning and funding decisions, and is a fundamental strand of an integrated risk management approach.
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Last update: 7 September 2021
Salary: £65000 - £85000 pa
Salary: £45000 - £65000 pa
Location: Leeds, West Yorkshire
Salary: £20000 - £40000 pa
Location: Victoria (London)