For scheme actuary requirements, full-service actuarial consulting or standalone projects, a bespoke team will deliver to your individual needs, and an experienced partner will remain personally involved at all levels of the work.
We actively support you in effective scheme management, providing easy access to funding and other information via insightful online tools.
We assist with all aspects of pension scheme governance, and provide comprehensive trustee training to enhance your knowledge.
“I would not hesitate in recommending Barnett Waddingham's services as advisers to the Trustees. Throughout their appointment they have delivered a first class service relating to all aspects of Plan matters. The team are highly professional and build strong relationships with their client and the client's other advisers with ease. Their advice is always well researched and thought out, and is both relevant and realistic, and they are highly skilled in understanding the exact needs of their client. They are pleasure to work with and represent good value for money.”Paula Maguire, Pensions Manager
Our experienced pension administration team is equipped to help with the day-to-day running of your scheme, handling member data sensitively, accurately and securely through our proprietary systems which can be adapted to your exact needs.
We also offer clear and independent investment advice across the full range of pension fund management solutions, based on a thorough understanding of your scheme’s risk profile and objectives.
Our growing client portfolio includes defined benefit (DB) and deﬁned contribution (DC) schemes, hybrid, open and closed schemes, and those in a Pension Protection Fund (PPF)) assessment period.
As advisers to around 500 DB pension funds in the UK, we provide tailored services to schemes ranging in size from less than £1 million to some of the biggest schemes valued at over £5 billion.
The headline news is that the PPF is expecting to collect a total levy that is 10% lower than last year, reflecting the PPF’s strong financial position. So, what changes will there be and what do we need to do? The blog explores more.
In this blog, we consider some of the options open to the Chancellor, the loose ends still to be tied up and some of the steps that individuals might consider in advance; in case options are restricted on 22 November.
Changes to the PPF levy model should mean lower levies for the vast majority of schemes sponsored by not-for-profit employers, but a minority of around 10-15% are expected to see an increase in their levy.
Since the Lifetime Allowance (LTA) reduced again to £1 million at 6 April 2016, there has been an increase in the use of excepted group life policies (EGLPs) for employees who already have a high level of benefit in a registered pension scheme.
We consider the outlook for equities over the long term and the short term, before considering the options available to investors concerned that equities may be due a fall.
Our Pension Administration Technical Help highlights pensions news and legislation that pays particular interest to what we do in Pension Administration.
How are you? It’s a question we ask on a daily basis - but how much do you really know about your workforce’s wellbeing?
Location: The Goldsmiths' Centre, London
Debate and discuss with industry experts on the most pressing investment problems for pension scheme trustees, employers and pension professionals at our 10th annual Birmingham Investment Conference.
Location: The Belfry, Birmingham
Debate and discuss with industry experts on the most pressing investment problems for pension scheme trustees, employers and pension professionals at our London Investment Conference.
Location: 155 Bishopsgate, 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.
During this webinar, our experts will share their insights on the pragmatic application of Integrated Risk Management and how this can benefit your scheme.
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?
Highly competitive insurer pricing compared to gilts is providing extremely attractive opportunities for schemes to remove both financial and longevity risks.
Now two years into freedom and choice in DC retirement savings, for members of a DB scheme making the most of these flexibilities will involve transferring to a DC arrangement. We provide an update on the lay of the land.
This is our seventh annual survey of the assumptions adopted by UK universities for determining the value of their pension liabilities for accounting purposes.
We were appointed to advise a client with ~£400m of assets in 2015 and this case study sets out how we worked with the trustees and employer to ultimately reduce risk and increase expected returns while working towards an agreed objective.
We provide a regular funding and investment monitoring service to the trustees of a £40m scheme. We were asked to review the funding and investment strategies of the scheme, in particular with a view of reducing the risk of the deficit increasing further.
A client was looking to develop a financial management plan for the scheme, targeting a fully de-risked and liability matched investment strategy and moving on to buy-out. The plan aimed to strike a balance between reducing risk and business needs.
The Pension Protection Fund (PPF) have released a statement setting out its intended levy policy for the next three years, and its draft rules for the 2018/19 levy. Chris Ramsey, Associate, believes this is a welcome review.
Following the publication of the Pensions Regulator research into “how UK employers are meeting their auto enrolment duties following the completion of their declaration of compliance”, Rob Thomas, Associate at Barnett Waddingham, shares his thoughts.
The Financial Times have reported the new pensions Minister, David Gauke, has conceded that without a clear Commons majority he did not see “a particular consensus emerging” for an overhaul of retirement savings incentives.