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A transformational journey. LifeWorks becomes TELUS Health. Visit our About Us page to learn more.

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PFaroeTM Pension Technology

The age of real-time, data-driven decisions for DB plans has arrived

TELUS Health (formerly LifeWorks) is the first Canadian organization to utilize Moody’s Analytics world-leading PFaroe DB technology. In combination with TELUS Health (formerly LifeWorks) comprehensive expertise, we’re bringing cutting-edge technology to the future of pension consulting. 

What are the benefits of working with us?

One integrated dashboard

See all asset, liability and integrated risk metrics on one dashboard! 

Real-time data

 Data will be updated in real-time.

Timely decisions

Make decisions that are both data-driven, well timed and holistic.

Measure overall risks in one place

Assess longevity and demographic risks alongside investment and market risks in one place.

Get what-if scenarios in real-time

Changes in assumptions? Potential market changes? Be informed and prepared for action as soon as it happens.

Best in-class reporting

Develop the right dashboards and reports for your stakeholders.

How does this change DB pension plan management?

Traditional experience:

  • Wait weeks for calculations and pay time-cost or outdated number crunching processes
  • Multiple (often outdated) dashboards and sources for different DB pension plan metrics, where visible at all
  • Data and insights that is slow to arrive, leading to delayed action or missed opportunity
  • Clunky reporting and impacted governance & stakeholder management
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With our approach and technology:

  • Work at a different pace and with consultants that spend more of their time interpreting results and developing optimal strategies
  • All DB pension plan metrics sit in one integrated location to empower informed and holistic decision-making
  • A revolutionary way to look at and interrogate data that is real-time allowing for efficient scenario testing
  • Deterministic and stochastic asset and liability projections on all key metrics under all strategies – in one place, to deploy when needed!

What can TELUS Health (formerly LifeWorks) do for you?

We come with more than 50 years of holistic and strategic Canadian DB pension consulting and with this integration with PFaroe technology, we’re offering a revolution in pensions consulting. Our system, alongside an effective governance and risk management framework, will allow for real-time and integrated data to make DB plan management easier for you.

We can provide strategic consulting or outsourcing support – or you can license the technology directly as we maintain the system for you!

Improving lives. Improving business.

Book a demo today

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