Rating Release
Agusto & Co. hereby upgrades the rating of CrusaderSterling Pensions Limited (“CPL” or “the PFA”) to ‘AA-(PFM)’.
The rating expires on 28 August 2026
Agusto & Co. Agusto & Co. hereby upgrades the rating of CrusaderSterling Pensions Limited (“CPL” or “the PFA”) to ‘AA-(PFM)’. The rating upgrade reflects notable improvements in CPL’s operational risk management framework, including enhanced segregation of duties and the attainment of two ISO certifications. In addition, we view positively the PFA’s experienced decision-making committees, conservative regulatory investment guidelines, good operational track record and a stable base of well-experienced professionals leading key functions. We have also taken into consideration the impact of the highly inflationary macroeconomic environment on CPL’s capacity to provide positive real returns on pension funds.
