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.
GDPR has been in force for a couple of months now and the flurry of opt-in emails and bulletins has finally died down. As actuaries in the public sector, the impact on day-to-day business has been, well, surprisingly minimal.
At our pre-2019 valuation seminar, we shared our insight on all the latest in the Local Government Association, legal news in the public sector, 2019 valuations for LGPS funds and everything you need to know about our exciting new online data checker.
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.
Longevity is a topic of significant importance to defined benefit pension schemes and their actuaries. What can we learn from the latest research, what does it all mean for LGPS Funds - and why on earth does it have anything to do with shopping for shoes?
The market for providers of AVC arrangements had seen little development in recent years, with providers doing little to change their propositions. We’ve summarised recently announced developments, and how we can help you review your AVC arrangements.
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.
Exclusively for Board members, the autumn seminar will provide training and the latest updates on governance and the LGPS, including a focus on key emerging issues. It will also provide opportunities for discussion on the issues you face.
Location: Barnett Waddingham, London
The autumn seminar will enable officers to receive the same information as the Local Pension Board Members at our parallel local pension board seminars, covering the latest updates on governance, including the LGPS Regulations.
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 pleased to announce the appointment of experienced actuary, Barry McKay, as a new associate in the public sector team.
We've moved! We have relocated from our Cheapside office to 2 London Wall Place.
We are delighted to announce the promotion of four of our associates to partners and 25 of our staff to associates.