Will Rice FIA


Will has experience providing advice to trustees and sponsors of defined benefit (DB) pension schemes on a wide variety of issues, and acts as Scheme Actuary to a number of schemes.

Will works primarily with trustees of DB schemes, providing actuarial advice on the cost of funding benefits, terms for setting members’ benefits, management of risk, and a wide range of other issues surrounding the running of DB schemes.

He has experience of working with a wide range of UK businesses, and overseas parent companies, and their defined benefit schemes.  He currently advises pension schemes ranging in size from £5m to £1bn.

Significant experience:

  • Scheme Actuary advice to trustees on setting a bespoke funding strategy to reduce risk and ultimately buy-out members’ liabilities
  • working with fiduciary managers to implement an effective joined-up investment and funding strategy
  • advising on terms for actuarial factors and calculation of benefits
  • providing advice on and implementing bulk annuity transactions and wind-ups

Other expertise:

Will has particular expertise in the research of longevity trends and projections, and advising trustees on assessing longevity risk in their pension scheme.


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