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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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.
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Briefing Managing Ill Health
A look at why it is important for LGPS Funds to have a policy in place to deal with the risk of ill health retirement.
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Briefing Assessing Employer Covenant
A look at why assessing employer covenant is becoming increasingly important for administering authorities.
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.