With more than 360 scheme actuary appointments, covering £400bn of assets, we have extensive experience providing support and advice to the trustees of UK pension arrangements.
We structure our services within the categories of “core” and “additional”, so you are clear on what you should do and what else you could add for the extra benefit of the scheme.
We provide a full range of consulting services to trustees in respect of UK DB and DC pension schemes. Here is a list of the services we offer our trustee clients.
- Advice on long-term funding strategy
- Advice on triennial actuarial valuations, including funding and Pension Protection Fund (PPF) exercises
- Provision of schedule of contributions and recovery plan following the formal valuation
- Review of the suitability of all actuarial factors including transfer values and updating, where required
- DC governance services
- AVC provider monitoring
- Installation of scheme on Asset Liability Suite
- Preparation of annual actuarial reports providing an update of funding position
- Attendance at meetings including training, advice on current pension issues, legislative changes and technical updates
- General benefits consulting advice; for example, review of trustee report and accounts
- Advice on PPF levies
- Individual calculations required for one-off circumstances and/or requiring actuarial review
Additional services
- Trustee secretariat services
- Review of general trustee governance
- Secondments and other short-term resourcing support
- Data investigation and cleansing plans
- Member option exercises
- Annuity transactions
- Advice on longevity hedging
- Advice on communication strategy and scheme deliverables
- Project management of major exercises
- Scheme wind-up service
- Trustee training
