2012 News

Malcolm McLean warns of simmering resentment from pensioners about being excluded from new state pension arrangements
May 2012
Evidence is mounting that many of today’s pensioners are extremely unhappy about being excluded from the Government’s plans to bring in a new unified state pension. Although full details are not yet a...

TROIKA – UK’s first Insurance Sector Consortium launched to provide Independent model Validation Assurance for Solvency II
May 2012
Three specialist insurance sector consultants have joined forces to help (re)insurance companies prepare for Solvency II. The alliance known as TROIKA , comprises Barnett Waddingham, the UK’s leading ...

Malcolm McLean comments on the new flat rate state pension included in the Queen’s Speech today
May 2012
Commenting on the new flat rate state pension included in the Queen’s Speech today, Malcolm McLean , consultant, Barnett Waddingham, says: “It is good news that the concept of a new flat rate state pe...

Barnett Waddingham survey reveals low confidence in Solvency II implementation date
May 2012
Over three quarters of insurance companies believe that the Solvency II implementation date will be delayed beyond its intended start date of 1 January 2014, according to research conducted by Barnett...

Malcolm McLean comments on the findings of Aviva's Working Lives report
May 2012
Commenting on the findings of Aviva’s Working Lives report, Barnett Waddingham consultant Malcolm McLean says: “I am not especially surprised at the lack of awareness amongst the working population at...

A burden for charity employers
April 2012
John Harrison , a partner in Barnett Waddingham LLP, comments on the financial burden of defined benefit pension schemes and why alternative defined contribution schemes are such a poor relation. Barn...

Barnett Waddingham comments on The Pensions Regulator updated funding valuation guidance
April 2012
P aul Jayson , a partner at Barnett Waddingham LLP, the UK’s leading independent firm of actuaries, pensions administrators and consultants, commenting on the updated funding valuation guidance issued...

Barnett Waddingham launches ‘Finance Directors Guide to Pensions'
April 2012
Barnett Waddingham, the UK’s largest independent firm of actuaries, administrators and consultants has launched an ‘online guide to pensions’ aimed at Finance Directors. The guide has been developed t...

Malcolm McLean calls on the Bank of England to urgently review its policy of Quantitative Easing
April 2012
Barnett Waddingham consultant Malcolm McLean has called on the Bank of England to urgently review its policy of Quantitative Easing (QE) with a view to either ceasing or substantially curtailing its u...

Barnett Waddingham slams ‘expensive fees and poor transparency’ around administration switching fees
April 2012
Barnett Waddingham, the UK’s leading independent firm of actuaries, pension administrators and consultants has slammed high costs and a lack of transparency around switching pension administrators, fo...

Barnett Waddingham announces Corporate Consultancy Seminar
April 2012
Barnett Waddingham, the UK’s leading independent firm of actuaries, pension administrators and consultants, has announced that it will host a seminar that will examine the ongoing challenges to define...

Barnett Waddingham’s 3rd Annual Survey shows significant improvement to FRS17 funding level of university schemes
April 2012
The average funding level of university pension schemes on the UK standard accounting basis, FRS17, improved significantly over the year to 31 July 2011 according to the 3rd annual survey of Universit...

Barnett Waddingham appointed by Birmingham Airport
April 2012
Barnett Waddingham, the UK’s largest independent firm of actuaries and consultants, has been appointed by Birmingham Airport to provide actuarial, administration and employee benefits services for the...

Barnett Waddingham announces Solvency II seminars
March 2012
Barnett Waddingham, the UK’s leading independent firm of actuaries, pension administrators and consultants, has announced a series of free seminars to examine the potential impact of Solvency II regul...

BUDGET Barnett Waddingham, comments on a possible salary sacrifice option to counter the removal of child benefit in 2013
March 2012
Rob Thomas , Associate at Barnett Waddingham, comments on a possible salary sacrifice option to counter the removal of child benefit in 2013: “Removing child benefit in 2013 may have unintended conseq...

BUDGET Barnett Waddingham's Malcolm McLean comments
March 2012
Commenting on today’s Budget statement, Barnett Waddingham pensions consultant Malcolm McLean said: “After all the rumour and innuendo, it was a great relief that the Chancellor has seen fit to leave ...

Malcolm McLean comments on today’s news that the Unions CPI court appeal has been unanimously rejected
March 2012
Following today’s news that the Unions CPI court appeal has been unanimously rejected, Malcolm McLean , consultant, Barnett Waddingham comments: “The Government will have breathed a deep sigh of relie...

Gordon Pollock joins Barnett Waddingham to spearhead drive into expert witness work
March 2012
Barnett Waddingham, the UK’s largest independent firm of actuaries, administrators and consultants has appointed Gordon Pollock to help lead the expansion of the firm's expert witness work. Gordon, wh...

Barnett Waddingham comments on NAPF auto-enrolment survey
March 2012
Commenting on this morning’s NAPF auto-enrolment survey, Rob Thomas , associate, Barnett Waddingham says: “The level of opt outs is likely to be of particular interest to NEST, for which currently non...

Barnett Waddingham's Malcolm Mclean comments on ONS Population Ageing Report
March 2012
Malcolm McLean, a consultant at Barnett Waddingham, the UK’s largest independent firm of actuaries and administration consultants, commenting on the ONS report published today entitled ‘An overview of...

Commenting on the Financial Services Authority’s (FSA) announcement that pension transfer rules are to be tightened
February 2012
Commenting on the Financial Services Authority’s (FSA) announcement that pension transfer rules are to be tightened, John Harrison , partner at Barnett Waddingham, said: “For some time both the Pensio...

Barnett Waddingham comments on the FSA's Solvency II conference
February 2012
Barnett Waddingham comments on the Financial Services Authority's (FSA) Solvency II conference where the regulator made some key announcements and comments about Solvency II implementation dates and t...

Barnett Waddingham Investments LLP adds new member to its team
February 2012
Barnett Waddingham Investments LLP, the private client arm of Barnett Waddingham, the UK’s largest independent firm of actuaries, administrators and consultants, has appointed Neil Dainton as an inves...

Barnett Waddingham Launches Specialist Employee Benefit Service from Liverpool Office
February 2012
Barnett Waddingham, the UK’s largest independent firm of actuaries and administration consultants, is launching a specialist employee benefits practice from its Liverpool office. The service will be l...

Barnett Waddingham comments on TPR auto-enrolment and salary sacrifice information
February 2012
The Pensions Regulator’s recently issued The Pensions Regulator recently issued information on how salary sacrifice and flexible benefit schemes will interact with employer’s requirements to meet mini...

Nick Salter appointed Senior Partner at Barnett Waddingham
February 2012
Nick Salter has been appointed Senior Partner at Barnett Waddingham, the UK’s largest independent firm of actuaries, administrators and consultants. Adrian Waddingham , who has held the position for t...

Barnett Waddingham SIPP achieves Defaqto 5 Star Rating
February 2012
Barnett Waddingham LLP, the leading independent provider of actuarial, administration and consultancy services, has received the prestigious 5 Star Rating from Defaqto, for its bespoke Barnett Wadding...

Barnett Waddingham comments on the ASB UK Accounting final exposure draft
January 2012
Commenting on the final exposure draft on the future of UK Accounting issued by the Accounting Standard Board yesterday, which states companies will no longer be able to set the expected return on a s...

Barnett Waddingham Recommends Early Action to Guarantee Pensions Fixed Protection
January 2012
Barnett Waddingham, the UK’s largest independent firm of actuaries, administrators and consultants, is urging people with large pension savings to review their arrangements as soon as possible to avoi...

Clive Grimley comments on the DWP’s statement on the revised timetable for auto-enrolment staging dates
January 2012
Speaking regarding the DWP’s statement on the revised timetable for auto-enrolment staging dates, Clive Grimley , partner, Barnett Waddingham said: “Barnett Waddingham generally welcomes the revised t...

Mind the Generation Gap
January 2012
Barnett Waddingham analysis shows likely much reduced pension income for the next generation. Figures produced by the actuarial firm Barnett Waddingham point to a big disparity between what a young pe...

Barnett Waddingham celebrates latest exam success
January 2012
Barnett Waddingham, the UK’s largest independent firm of actuaries and consultants is celebrating a 100% pass rate following the latest round of core applications (CA1) actuarial exams. The firm’s CA1...

Barnett Waddingham announces Pension Scheme Valuation seminars for February 2012
January 2012
Barnett Waddingham, the UK’s leading independent firm of actuaries and consultants, has announced a series of free nationwide seminars in February focusing on the challenges to valuing pension schemes...

Barnett Waddingham responds to EIOPA consultation paper on changes IORP
January 2012
Barnett Waddingham LLP has responded to the European Insurance and Occupational Pensions Authority (EIOPA) consultation paper on its draft advice to the European Commission on changes to the Instituti...

Barnett Waddingham comments on the £1bn Pilkington Longevity Swaps
January 2012
Commenting on the £1bn Pilkington longevity swaps that have ensured 2011 is a record year for the de-risking market, Nick Griggs , Head of Corporate Consulting at Barnett Waddingham, said: “The longev...