Richard is a consulting actuary with a wide practice advising pension scheme trustees and corporate sponsors on managing the risk exposure within pension arrangements.
Richard provides a full range of services to pension scheme trustees including valuations, longevity analysis, review of actuarial factors and ongoing financial management and governance.
As Head of Longevity Risk Transactions he acts as lead advisor on regulated transactions to secure longevity risk; including purchases of buy-in and buy-out insurance and providing advice on GMP equalisation to a number of pension schemes and to insurers for up to 8,000 members. His work covers contract benefit design, transaction structure, selection of preferred provider and support services for in-force multi-£billion longevity swaps.
Richard has extensive experience in pensions litigation matters, including preparation of expert witness advice in professional negligence cases and in Part 8 claims.
He has a keen understanding of the needs and commercial considerations of corporates when it comes to managing their pension obligations. He is praised by trustee boards for his pragmatic approach, cutting through to focus on the advice that matters to trustees and to member outcomes.
Pension schemes have sunk much cost and effort into dealing with GMPs and there could be years still to go. Barnett Waddingham’s Richard Gibson sets out what to expect on the final part of the journey.
We are delighted to appoint experienced actuary and pensions litigation specialist Mark Stocker to the growing Corporate Consulting team.
A review of consumer price indices suggests ending the use of the RPI as soon as possible. The report considers the available indices, what is the ultimate aim of measuring inflation, and focuses on what price indices will best meet the nation’s needs.