We can advise you on the full range of pension issues affecting public sector schemes and can help with all aspects of funding, including triennial valuations and advice on the impact of employers leaving and joining funds, as well as benefits consultancy advice, including services to support local pension boards.
We also provide detailed accounting information for employers participating in public sector schemes, and regularly consult on issues such as outsourcing arrangements, service reviews and policy implications.
Our dedicated team brings a wealth of public sector experience to the table. We understand the unique environment in which you operate and are well versed in the rigours of public sector procurement, providing clear and comprehensive information for a wide range of stakeholders.
An experienced partner will assemble a bespoke team, and remain personally involved at all levels of the work. And our full range of proprietary software and online tools means we have the flexibility to deliver unique insights tailored to your exact needs.
In the last eight years, Barnett Waddingham has more than doubled its market share of local authority pension fund clients. We are proud to work in partnership with a growing number of local authorities and other bodies participating in the Local Government Pension Scheme (LGPS) and other public sector schemes including police authorities, fire services, the NHS, Teachers and Principal Civil Service Pension Scheme (PCSPS), as well as charities, non-profit companies and other contractors across the public sector.
The LGPS SAB released their latest report on 22 May, providing information on the status of the LGPS for its members, employers and any other bodies. We’ve shared key things for fund actuaries in the lead up to the 2019 valuation.
Nilesh Shah, Associate, outlines the need to utilise any unused annual allowance before it is too late.
Louise Lau, Actuary, provides some initial thoughts around the options put forward in the Scottish LGPS structure consultation and asks: what are some of the considerations to be had and what would be the potential consequences of such changes?
The new LGPS (Scotland) Regulations came into effect in June, in response to a previous consultant which had closed in January. Following the lead of the recent LGPS (Amendment) Regulations this new regulation introduces the possibility of an exit credit.
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 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.
Ahead of the 2019 triennial fund valuations, our 2018 client seminar will provide a round up of news from the LGPS and wider pensions landscape.
Location: Barnett Waddingham, London
Our interactive webinar on Tuesday 21 February will offer a clear explanation of the important changes to pension taxation – helping you to provide the right support your staff.
The actuarial valuation is due next year, but what challenges should defined benefit (DB) pension schemes expect to face in the current low-yield environment, particularly in the context of the USS?
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 is our sixth annual survey of the assumptions adopted by UK universities for determining the value of their pension liabilities for accounting purposes.
This is our fifth annual survey of the assumptions adopted by UK universities for determining the value of their pension liabilities for accounting purposes.
This case study highlights a number of issues for employers who are Admission Bodies in the LGPS, including managing deficit predictions and understanding how assets within the pension fund are allocated.
Our client was a public sector body with its own LGPS fund, who required us to negotiate better contract terms for the bidders. It demonstrates the benefit of the commercial focus we can bring to the public sector arena.
We are delighted to announce the promotion of four of our associates to partners and 25 of our staff to associates.
Barnett Waddingham launches its first two pilot apprenticeship programmes, providing training and guidance to the next generation of financial services pension administrators.
We are delighted to appoint Marcus Whitehead as our first Managing Partner to lead an ongoing programme of growth and development across the whole business – covering consultancy across risk, pensions, investment and insurance.