Pension funds are subject to increasingly complex rules; public sector funds also have their own regulations, statutory requirements and guidance making them distinct in many ways from those in the private sector.
Our specialist team recognises the unique nature of these funds and the regulatory environment which governs them. We provide clear, pragmatic and practical advice with fast turnaround times to all parties involved with these funds.
In addition to actuarial services, we provide consultancy and support services for benefit administration assisting with fast turnaround times to all parties involved with these funds, supporting and complementing your in-house services and staff. We also provide services to local pension boards and their members, including partnering with CIPFA to provide support and training to meet and maintain their required levels of knowledge and understanding.
We look after over 20% of LGPS Funds across the breadth of the UK.
In addition to our LGPS Funds we also provide services to Police Authorities, Fire & Rescue Services, NHS Trust Funds and various employers who participate in public sector schemes, such as the Principal Civil Service Scheme.
A vote to leave the EU, a new Prime Minister and a new direction of travel for the country – Brexit has profound implications for us all. But what does Brexit mean for UK pensions?
The UK public has voted to 'leave' the EU. In our latest blog we look at the impact on markets and UK pension schemes, including accounting, funding and regulation.
The Spending Review 2015 announced Government’s plans to continue to modernise terms and conditions of workers in the public sector to ensure fairness and sustainability in a challenging economic climate.
As part of the 31 March 2016 valuation process, 15 of the English Funds participating in the Local Government Pension Scheme (LGPS) advised by Barnett Waddingham agreed to take part in a project to comprehensively review their mortality assumptions.
Pensions remain at the forefront of discussions, with changes to the USS, LGPS and TPS potentially resulting in universities conducting significant reviews of their overall benefit provision. Our latest update includes this and more.
These are uncertain times for universities sponsoring DB pension provision. There are many potential options to consider and we have set out in this note some of the key factors along with our thoughts on the possibilities available.
This is our seventh annual survey of the assumptions adopted by UK universities for determining the value of their pension liabilities for accounting purposes.
This year’s report focuses upon many of the key metrics that we have monitored in previous years, as well as newer analyses such as how companies consider their pension risks within the context of the other business risks to which they are exposed.
This is our sixth annual survey of the assumptions adopted by UK universities for determining the value of their pension liabilities for accounting purposes.
A raffle held at the Barnett Waddingham staff Christmas party has helped to raise additional financial support for Crisis at Christmas – the charity that aims to end homelessness and help change people’s lives for the better.
In the last set of exam results we are delighted to have two new qualified actuaries and an excellent set of results for our hardworking actuarial students.
The firm has announced today that six of its staff are newly qualified following the latest round of exam results from The Institute and Faculty of Actuaries.