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Barnett Waddingham
0333 11 11 222
At Barnett Waddingham, we understand the challenges facing local authorities and other public sector organisations in managing your pension scheme commitments – complex legislation, the demand for better governance, and the pressure on costs and resources.

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.


In particular, we have:
  • helped clients through triennial funding valuations over the last 20 years with all the challenges that have arisen
  • completed comprehensive employer covenant reviews for a number of clients as part of a programme to improve overall governance arrangements
  • prepared over 1,000 accounting disclosures each year for public service employers
  • helped many public sector employers manage their pension liabilities
  • provided support to pension committees and local pension boards

Related knowledge and resources

Blogs

  • Mortality analysis for LGPS Funds

    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.

  • Annual and Lifetime Allowances - seven steps to success

    Considerable changes to pension taxation in recent years will heavily impact high earners. This briefing note details these changes and highlights the seven stage process that employers should follow to avoid unnecessary pension taxation issues.

  • Pensions Update for Universities - Spring 2015

    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.

  • Picture for University Accounting Survey
    University Accounting Survey

    This is our seventh annual survey of the assumptions adopted by UK universities for determining the value of their pension liabilities for accounting purposes.

  • Picture for University Accounting Survey - July 2014
    University Accounting Survey - July 2014

    This is our sixth annual survey of the assumptions adopted by UK universities for determining the value of their pension liabilities for accounting purposes.

  • Picture for University Accounting Survey - July 2013
    University Accounting Survey - July 2013

    This is our fifth annual survey of the assumptions adopted by UK universities for determining the value of their pension liabilities for accounting purposes.

  • Negotiating a termination deficit with an LGPS fund

    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.

  • Negotiating better contract terms in the public sector

    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.

  • Quietest Queen's Speech for pensions

    The Queen’s speech, due to be given today and now postponed until Wednesday, 21 June, will set out the Government’s proposed legislative programme for the new parliament. However, will pensions be featured?

  • Barnett Waddingham appoints six new partners

    To support continued business growth, Barnett Waddingham, the UK’s largest independent provider of actuarial, administration and consultancy services, is proud to announce the promotion of six of its staff to partners and 12 to associates.

  • Barnett Waddingham appoints six new partners

    To support continued business growth, we are proud to announce the promotion of six of our associates to partners and 12 of our staff to associates.

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