Matthew Paton FFA
Matt is a consulting actuary and provides wide ranging advice to a number of public sector pension funds across the country.
His main area of expertise is in relation to the Local Government Pension Scheme (LGPS). This includes setting contribution rates for employers wishing to join the Scheme, producing annual accounting disclosures and carrying out triennial funding valuations in accordance with legislation.
His main clients are Local Authority Pension Funds that participate in the LGPS.
Significant experience:
- providing advice to LGPS Funds with over 300,000 beneficiaries and with assets ranging from £1bn to over £15bn
- preparing hundreds of accounting disclosures each year for employers who are required to account for their pensions obligations
- setting contribution rates for admitted bodies and for Local Authority schools converting to academies
- carrying out regular risk assessments for employers participating in the Scheme
Other expertise:
- Providing bespoke advice when employers leave the Scheme;
- Negotiating a number of bulk transfer payments to and from LGPS Funds each year.
Comment & Insight
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Blog post The latest mortality research and its impact on the 2019 valuations - is it all plain sailing?
The assumptions that need to be made as part of the LGPS valuation process are varied and many. For example, what investment returns will the Fund achieve in future? What are members going to be earning? How long will they live?
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Briefing Choosing the right mortality table for your Fund
Longevity is a topic of significant importance to defined benefit pension schemes and their actuaries. What can we learn from the latest research, what does it all mean for LGPS Funds - and why on earth does it have anything to do with shopping for shoes?
Career
Matt graduated from the University of Glasgow with a Master’s degree in Mathematics in 2011 and joined BW a few months later. Matt then qualified as a Fellow of the Institute and Faculty of Actuaries in the summer of 2016.
Memberships
- Fellow of the Institute and Faculty of Actuaries;
- Associate Member of the Association of Consulting Actuaries;
- Glasgow Actuarial Students’ Society
Interests
When he’s not crunching the numbers, Matt enjoys hillwalking, hot yoga, improving his cookery skills and supporting local charity initiatives. He is also a keen football fan and enjoys participating in the annual BW football tournament.