2010 News

Barnett Waddingham launches pensions rescue initiative
December 2010
Barnett Waddingham, experienced providers of SSASs and SIPPs, has launched an initiative to help rescue people with existing SSASs or EPPs who have been stranded by professionals leaving the marketpla...

Barnett Waddingham announces Investment Outlook 2011 Conference
December 2010
Barnett Waddingham, the UK’s leading independent firm of actuaries and consultants, has announced that its annual Investment Outlook Conference will be held on Wednesday 19 January 2011 at the Nationa...

Barnett Waddingham comments on the reported £100bn LGPS “black hole"
December 2010
Commenting on reports that there is a £100bn "black hole" in the Local Government Pension Scheme ("LGPS") in England and Wales which will require an extra £4bn a year in contributions to plug the gap,...

Barnett Waddingham urges the Treasury to scrap proposals for schemes to pay member tax charges
December 2010
Andrew Roberts , Partner at actuaries and consultants Barnett Waddingham LLP, is urging the Treasury to scrap proposals for schemes to pay members' tax charges in place of a simpler system that would ...

Barnett Waddingham comments on Government’s under-55 early access consultation
December 2010
Commenting on the government’s launch of public consultation on giving people under-55 early access to their pension, Danny Wilding , Partner at Barnett Waddingham, said: " It is certainly true that t...

Barnett Waddingham welcomes simpler approach to pension drawdown
December 2010
Andrew Roberts , technical head of self-invested pensions at Barnett Waddingham, has welcomed the draft rules released today outlining the simpler approach that is being introduced to pension drawdown...

Top tips for negotiating fund managers fees
December 2010
When times were good in the investment world little thought was given to fee levels. With returns looking elusive and tight times upon us, there is rightly a focus on investment manager fees. Marcus W...

Barnett Waddingham comments on Employer disappointment over inflation consultation
December 2010
Commenting on the news that private pension schemes will not be able to move to CPI if their rules state RPI, Paul Jayson , partner, Barnett Waddingham says: “I’m sure that the provisions of the Consu...

Barnett Waddingham comments on David Norgrove's speech at NAPF Annual Trustee Conference
December 2010
Nick Griggs , Partner at Barnett Waddingham comments on David Norgrove’s speech at today’s NAPF Annual Trustee Conference: “Overall Barnett Waddingham has been supportive of Norgrove’s stewardship of ...

Barnett Waddingham comments on Annual Allowance consultation
December 2010
Commenting on the announcement made in a Treasury consultation paper today that individuals who exceed the annual allowance may be allowed to meet the tax charges from their pension benefits, Steve Hi...

Barnett Waddingham announces pension accounting seminars for December 2010
November 2010
Barnett Waddingham, the UK’s leading independent firm of actuaries and consultants, has announced a series of free nationwide seminars to be held in December 2010. The changing market conditions of 20...

State pensions: your questions answered
November 2010
Several very big changes have been proposed to the UK's pension system in the past few weeks. Malcolm Mclean discusses the Government's plans for the state pension in the BBC news article 'State pensi...

Barnett Waddingham comments on Government plans for Auto Enrolment
October 2010
PRESS RELEASE - 28 OCTOBER 2010 Clive Grimley a partner at Barnett Waddingham, commenting on Government plans to introduce automatic enrolment into workplace pensions, following an independent review,...

Pensions tax relief - the latest changes explained
October 2010
The Treasury has announced a significant reduction in the maximum amount of pension savings which will benefit from tax relief. Barnett Waddingham Partner Bhargaw Buddhdev explains the new rules on th...

Barnett Waddingham completes PPF Transfer
October 2010
Barnett Waddingham, the UK’s leading independent firm of actuaries, has completed the administration process to allow The Bagshaws of Melton Limited Retirement Benefit Scheme to be transferred to the ...

Pensions Tax Relief update for Executives – 14 October 2010
October 2010
Financial Secretary to the Treasury, Mark Hoban MP, announced today that: the Annual Allowance will be set at £50,000 from April 2011 the factor for testing increases in pension against the Annual All...

Longevity: Voting is good for you
October 2010
Catherine Love Soper and Neil Robjohns seek out a correlation between the coalition and life expectancy in this article on The Actuary website. To read the full article please click here .

Poverty-line plight of £27 a day pensioners
September 2010
On Thursday 30 September Malcolm McLean , a consultant at Barnett Waddingham was quoted in The Daily Mail following a report from the Office for National Statistics on pensioner income. To read the ar...

Rating the Regulator at the 2010 NAPF Conference
September 2010
The NAPF Annual Conference & Exhibition is this year being held for the first time at the Arena and Convention Centre in Liverpool. Adam Walker, Partner at Barnett Waddingham’s Liverpool office has co...

The Pension Regulator to talk at September seminars
August 2010
Barnett Waddingham, the UK’s leading independent firm of actuaries and consultants, has announced a series of nationwide seminars to be held in September 2010. The seminars will be of particular inter...

Pensions Update for Universities - Summer 2010
August 2010
In our first newsletter focused specifically on pensions issues encountered by Universities, we take a look at accounting assumptions, the recent guidance on member record-keeping, and high earner pen...

Investment Summary Summer 2010
August 2010
Please click on the link below for our Private Clients Investment Summary for Summer 2010:

Barnett Waddingham confirms its clients can continue in income drawdown at age 75
August 2010
Barnett Waddingham, the UK’s leading independent firm of actuaries, has confirmed that it is allowing clients in its SIPP or SSAS accounts, who reach the age of 75, to continue the unsecured pension f...

Accounting for Pensions Costs: Universities - July 2010
July 2010
This is our first annual survey of the assumptions adopted by UK universities for determining the value of their pension liabilities for accounting purposes. As well as participating in the Universiti...

Revolutionising income drawdown
July 2010
The Government is consulting on a new approach to drawing down “money purchase” pension fund which it plans to put in place from next tax year. They have detailed plans to scrap Alternatively Secured ...

Emergency Budget 2010
June 2010
The pensions industry, including myself, has been clamouring for a change to the punitive age 75 rules for some time and has also been irritated by the unnecessarily complex way in which the last Gove...

Charter produced to overhaul the current pensions system
June 2010
Barnett Waddingham , the UK’s leading independent firm of actuaries, administrators and consultants, is to present Pensions Minister Steve Webb with a 10-point pensions charter aimed at repairing both...

Barnett Waddingham appoints Chief Operating Officer
June 2010
Barnett Waddingham has appointed Jane Galvin as Chief Operating Officer (COO) and a Partner of the firm. Jane, an actuary, joins Barnett Waddingham after working as a consultant for a selection of fin...

Barnett Waddingham appointed by Renishaw Plc
May 2010
Barnett Waddingham, the UK’s leading independent firm of actuaries, administrators and consultants, has been appointed by the Trustees of the Renishaw Pension Fund, Renishaw plc , to administer its de...

Best Companies Accreditation 2010
May 2010
We are delighted to receive “one star” status in our first year of entering the Best Companies to Work for Survey. This puts us in the top 40% of those Companies entering the survey. Carol Gilbert, He...

Adrian Waddingham wins Pensions Personality of the Year Award
April 2010
Adrian Waddingham was presented the prestigious Pensions Personality of the Year award on 20 April 2010 during a gala dinner held at London's Grosvenor House Hotel. The final outcome was decided by vo...

Barnett Waddingham appoints Malcolm McLean, OBE
April 2010
PRESS RELEASE - 12 APRIL 2010 Barnett Waddingham, the UK’s leading independent firm of actuaries and consultants, has appointed Malcolm McLean, OBE, as a Consultant. Malcolm, a well known figure in th...

Budget 2010 - Pensions Tax Relief
March 2010
Commenting on the Treasury’s proposal to implement the restriction of pensions tax relief, Barnett Waddingham partner Andrew Roberts said: “There is a risk here that without due care and attention, th...

Budget 2010: Scrapping compulsory retirement age
March 2010
Responding to the Chancellor’s Budget announcement that the government is to look at scrapping the compulsory retirement age, Senior Partner of Barnett Waddingham, Adrian Waddingham , commented: “ Suc...

Annemarie Allen joins Barnett Waddingham
March 2010
Barnett Waddingham, the UK’s leading independent firm of actuaries and consultants, has strengthened its public sector practice with the appointment of senior pension consultant, Annemarie Allen. Anne...

Professional Pensions Admin Forum 18 March 2010
March 2010
Business Design Centre, Islington 18 March 2010 Barnett Waddingham LLP is pleased to be a sponsor of the Professional Pensions Administration Forum on 18 March 2010 being held at the Business Design C...

NEST charges announcement
March 2010
Following the Government's announcement today on the NEST charging structure Mark Futcher, Associate, made the following comment: ‘Back to the Future’ on charging structures and a move away from clear...

PPF Statement of Investment Principles
March 2010
Commenting on the PPF’s announcement that it will invest in private equity and infrastructure to seek higher returns, Paul Jayson , Partner at Barnett Waddingham said: “I hope that the effect will not...

A sacrifice that benefits employers and workers
March 2010
The NI salary scheme is often overlooked as a tax minimisation vehicle. On 7 March 2010 Clive Grimley , Barnett Waddingham partner, spoke to John Greenwood from The Sunday Telegraph. To read the whole...

UK Pension Personality of the Year Award 2010
March 2010
Our senior partner, Adrian Waddingham, has been shortlisted for the Pensions Personality of the Year 2010 award. Hundreds of Professional Pensions readers took part in the first round vote and the nam...

Regulator pursues tougher approach on record-keeping
March 2010
The Pensions Regulator (TPR) has published a consultation setting out standards for record-keeping and requiring schemes that fall short to take steps to improve performance. Paul Latimer spoke to Pen...

The Tories Pension Plan
March 2010
Following the Conservatives unveiling their key principles for pension reform Adrian Waddingham commented “after twenty years of well-intentioned but misguided legislation on pensions from both partie...

Rapid Change
March 2010
Twin trends of consolidation and thriving specialist boutiques coincide with an urgent debate about the role of advisers and ownership of responsibility within the pensions governance complex. Martin ...

Emerging into the sun? Post Magazine February 2010
February 2010
After a harsh winter, John O'Neill takes a look at the challenges facing local authorities in terms of reserving for future events. Is the outlook still bleak or is the sun on the horizon? To read the...

Solvency II – what is the effect on buy-out pricing?
February 2010
The European Union is establishing a new regulatory regime for insurance companies known as Solvency II. This is due to come into force in October 2012 and concentrates on two main issues: - attemptin...

Top economist highlights “perverse” professional behaviour during the recession
January 2010
Financial professionals adopted “perverse” ways when responding to the collapse of the financial system according to a top economist and author at the annual Barnett Waddingham investment conference e...

Barnett Waddingham appointed by London Borough of Newham
January 2010
Barnett Waddingham, the UK’s leading independent firm of actuaries and consultants, has been appointed as the actuaries and investment consultants to the £600 million London Borough of Newham Pension ...

Genuine active managers can add value
January 2010
Marcus Whitehead talks to FTfm about whether active management adds value. To read the whole article please click on the link below: