Our expertise is focussed around the following:
Many employers have taken steps to limit their pension scheme exposure by closing their DB scheme to new entrants and increasingly to future accrual. This still leaves them with a legacy liability that needs to be managed. Winding up the scheme immediately is not a viable option for most employers but a coordinated de-risking strategy could be established to exploit opportunities as they arise.Find out more
Many trustees and employers are actively considering the option of insuring their scheme liabilities with a bulk annuity insurer through a buy-out or buy-in policy. When considering a buy-out or buy-in of a scheme's liabilities, it is important that the trustees and employer prepare carefully for a transaction in advance so that a deal can be completed efficiently.Find out more
The funding positions of pension schemes disclosed in company accounts can be highly volatile. It is vital that company directors understand the possible impact their final salary scheme can have on the company balance sheet and the profit and loss position.Find out more
The ever increasing compliance burden placed on trustees is inevitably leading them to play ‘hard ball’ with their sponsoring employers over the funding of schemes. Therefore, it will often be beneficial for employers to seek independent advice to support their negotiations with the Trustees.Find out more
One of the most financially significant aspects of a corporate transaction is often a pension scheme deficit. The Pensions Regulator and scheme’s trustees are also playing a much greater role in the deal process so it is vital to consider the pension scheme at an early stage.Find out more
From CDC, to DWP, all the way to HMRC – Head of Pensions Research, Tyron Potts maps out an A – Z on everything you may have missed in pensions news this spring.
Now is a good time for companies with June year-ends to consider how their pension scheme liabilities will affect their balance sheet - despite recent falls in equity markets IAS19 funding levels are likely to have held up reasonably well.
The Government published its much anticipated white paper ‘Protecting Defined Benefit Pension Schemes’ on Monday 19 March. Here we outline for employers the three main issues it addressed.
The new LGPS (Amendment) Regulations 2018 finally emerged on 19 April 2018, and came into force on 14 May 2018. We discuss the arising issues that administering authorities should consider with regard to exit credits.
Our latest Current Issues in Pensions Financial Reporting newsletter details the key financial assumptions required for determining pension liabilities under the FRS102 (UK non-listed), IAS19 (EU listed) and ASC715 (US listed).
Our latest note outlines some of the considerations that should be taken if a new employer becomes an admission body within an LGPS Fund under a pass-through arrangement. Read the note to find out more.
Are bulk annuities a potential option for your scheme? It could be the right time to consider a transaction.
Since 31 December 2015 the liability value of a typical pension scheme has increased by 25%. This increase can have real consequences; our webinar will guide you through the simple steps you can take to mitigate these.
During this webinar, our experts will share their insights on the pragmatic application of Integrated Risk Management and how this can benefit your scheme.
DB pensions report an overall deficit decrease of £22bn for the first time in recent history. We’ve delved deeper to understand what this means for the FTSE100.
This is our first annual survey of US companies which have a UK subsidiary with a defined benefit (DB) pension scheme.
This survey relates to French companies, almost all of which are constituents of the CAC40 index, which have UK subsidiary companies with defined benefit (DB) pension schemes.
Implementing a stress testing and scenario analysis framework in order to identify and analyse current and potential issues that were of market-wide concern.
As part of their most recent actuarial valuation, Tate & Lyle were seeking to continue to de-risk their £1 billion legacy DB pension scheme, but without a significant increase in deficit recovery contributions.
We jointly advised trustees and company on a medically underwritten pensioner buy-in achieving very significant savings of >10% relative to traditional approach – successfully securing around £25m of the pensioner liability at no additional funding cost.
We were proud to take this award home for the second consecutive year, after being recognised by an esteemed panel of industry experts for our innovative solutions in technology and forward-thinking approach to complex business challenges.
We are delighted to have been awarded the Institute and Faculty of Actuaries' (IFoA’s) Quality Assurance Scheme (QAS) accreditation.
Barnett Waddingham has successfully transferred the administration for five sections of the Industry-Wide schemes to the Pension Protection Fund (PPF) - the largest transfer to the PPF since it brought its member services in-house.