Julie Baillie FFA
Julie is an actuary to a number of public sector pension funds, providing advice and actuarial services to funds of a range of sizes in the Local Government Pension Scheme (LGPS).
She works closely with the partners and associates in the team, advising on funding strategies, setting contribution rates at actuarial valuations and preparing accounting disclosures for employers participating in the LGPS.
Significant experience:
- funding and other advice to LGPS funds
- advice on new Academies and Free Schools participating in LGPS funds, including more complex arrangements with new Multi Academy Trusts (MATs) and MATs in multiple funds
- provision of accounting disclosures for LGPS employers including non-standard disclosures where employers have merged or ceased trading
- discussion with LGPS funds, other professional advisors and software providers on the continually evolving regulatory regime of the LGPS
Other expertise:
- advice on issues relating to charities and colleges in LGPS funds in England
- negotiations and associated calculations of bulk transfers between LGPS funds
- advice on risk-sharing arrangements in the LGPS such as pass-through
Comment & Insight
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Blog post The actuarial small print
“Your statutory rights are unaffected”, “subject to approval”, “terms and conditions apply”; there is plenty of small print in our lives. TAS 100 isn't just small print for actuaries though: it's a key part of a framework of professional standards.
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Blog post Life after GDPR in the public sector
GDPR has been in force for a couple of months now and the flurry of opt-in emails and bulletins has finally died down. As actuaries in the public sector, the impact on day-to-day business has been, well, surprisingly minimal.
Career
Julie joined Barnett Waddingham in 2008 having graduated from University of Strathclyde with a PhD in Applied Mathematics following a BSc (Honours) degree in Mathematics & Physics. Julie qualified as a Fellow of the Institute and Faculty of Actuaries in 2015.
Memberships
Fellow of the Institute and Faculty of Actuaries
Interests
Julie has accepted a seat on the Scottish Mathematical Council as the representative for industry to help foster and improve mathematical education, and to encourage the application of mathematics in general throughout Scotland.
With 2 small children on hand to help with the weeding, Julie is a keen gardener growing fruit and vegetables in her kitchen garden while on the waiting list for a more ambitious space at the local allotments.