Keeping your journey on track by monitoring what matters
While on the road you should be keeping a close eye on your car’s dashboard and GPS unit, making sure your engine runs smoothly and you remain on course. Similarly, between valuations, balanced and timely covenant, investment, and funding-level monitoring is crucial to spot any issues early and respond quickly. This will also help you avoid any surprises at the next valuation.
Timely and proportionate monitoring is crucial to effectively managing risk and keeping your journey on track.
A well thought out contingency plan agreed by all parties can help you respond to emerging situations quickly and effectively.
The Worry Index is a guide and can facilitate conversations between trustees and sponsors outside of valuations.Visit The Worry Index
Keep an eye on the things that matter most, ensuring these get reviewed thoroughly and do not become a ‘tick box’ exercise:
What other indicators are there that might be cause for concern?