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 valuation process for LGPS Funds is now underway and while the information for the valuation is not yet available, we can provide some indications of the methods we will be proposing and the direction in which we anticipate the results will go.
The revised Actuaries’ Code came into force on 18 May 2019, introducing a new, distinct principle of 'Speaking Up.'
MHCLG have recently issued a consultation on a number of proposed changes to the LGPS in England and Wales.
The LGPS has been waiting since 2013 for New Fair Deal to be enshrined into its regulations. Following an earlier consultation and subsequent rejection of the proposals, this new consultation proposes a different way forward.
Transfers to non-LGPS arrangements can be more complicated and are covered by different regulations. This Note sets out some of the principles and issues associated with bulk transfers between Local Government Pension Scheme (LGPS) Funds.
This briefing highlights the key changes to the annual allowance (AA) and lifetime allowance (LTA) that came into force from 6 April 2016.
Join us to learn how organisations can use DC alternatives to provide a valued benefit to employees.
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.
As we reach the 30 year mark, Barnett Waddingham is proud to announce the appointment of seven new Partners and the promotion of 28 Associates from 1 June.
Last night, Barnett Waddingham won the organisation award for ‘Supporting Development’ at the Professional Pension's 'Rising Star Awards’!
The Government have this week issued a written statement announcing their decision to pause the cost cap process across all public service schemes.