Barry McKay FFA
Barry provides pensions advice and risk management solutions to LGPS (Local Government Pension Schemes) clients, supporting them in meeting their objectives.
He will be responsible for, and fund actuary to, a number of LGPS funds. His remit includes developing the strategy of the public sector consulting practice, identifying needs of the LGPS market and developing solutions to LGPS technical issues to ensure clients get optimal outcomes.
Significant experience:
- fund Actuary to largest LGPS client in the UK (Greater Manchester > £20bn fund)
- fund Actuary to eight LGPS funds for ten years
- client director ensuring an excellent service was delivered to clients
- speaker at major LGPS conferences
- technical lead
- key role developing and taking to market unitisation system for LGPS clients
- representative on external sub-committees related to the LGPS
- representative for press comments
Comment & Insight
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News A welcome consultation on the rules of Local Government Pension Schemes
The Government recently published a consultation seeking views on policy proposals to amend the rules of the LGPS 2013 in England and Wales. Barry McKay responds to a wide ranging consultation which could have a major impact on a range of stakeholders.
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Briefing LGPS proposals: local valuation cycles and exits
The MHCLG has recently issued a consultation seeking views on proposals to amend the LGPS in five key areas. This briefing note gives more detail on the proposals and how these could impact the LGPS Funds and participating employers.
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Blog post Managing ill-health risk in the LGPS
Some protection benefits, such as ill health retirement, can have an immediate strain on a Local Government Pension Scheme (LGPS) Fund, unless steps have already been taken to meet an estimate of these costs.
Career
Barry was Head of LGPS Actuarial Practice and Partner at Hymans Robertson for 22 years before joining Barnett Waddingham as an associate in 2018.
Memberships
Member of Institute and Faculty of Actuaries
Interests
Outside of work Barry enjoys playing golf, running, travelling and he coaches at an athletic club.