Defined Benefit

Strong partnerships vital in GHG's funding plan

While the financial crisis left the GHG Retirement Plan in real difficulty, the scheme is now in a far better funding position thanks to building a strong strategic partnership


At a glance

  • The GHG Retirement Plan suffered a decline in funding position during the financial crisis
  • Developed a strategic partnership with investment consultant and fund manager to improve funding position
  • Strong communication and clear, concise reporting were vital to success of partnership