Advisory services

Saying this, we feel it is just as important not to bombard our clients with information for the sake of it. Our approach is to keep our clients informed about issues that will ultimately and materially impact on their pension schemes. Our communications provide timely, but succinct, advice on the generic issues. These are followed up with specific written or verbal advice as appropriate.
 

 Overview

 
Our clients tell us they value our advice because we say what we think and go the extra mile to provide solutions that address their real issues. This is what makes Punter Southall different.

Another differentiator is the depth of resource offered by the Punter Southall Group.  We have specialist teams covering all the services needed by defined benefit pension scheme trustees, including:

  • guidance to trustees on the implications of their sponsoring employer's proposals for pension scheme redesign
  • investment consulting solutions that deliver across the whole spectrum of trustee requirements
  • advice on assessing and monitoring the employer covenant
  • expertise in buy-outs, buy-ins and other de-risking products
  • advice on corporate activity affecting the pension scheme, including corporate transactions
  • advice relating to re-broking and monitoring of trustees’ insurance arrangements
  • individual advice to pension scheme members
  • advice on the management of Pension Protection Fund levies

 

 Insights and views

 
    Autumn Statement 2016: steady as she goes?
    23 November 2016

    The Autumn Statement was a relatively quiet affair from a pensions perspective, with only a few minor announcements. However, in some ways, it was perhaps too quiet, with no hint as to whether further changes are planned to the framework of pensions taxation. Arguably we have no more idea of the new Chancellor’s views on what incentives should be given for people to save for the long term and/or their retirement than we had before he stood up at the despatch box.

    Read full news alert here

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    PPF consultation on the 2017/18 levy and other publications
    27 October 2016

    ​On 22 September 2016, the Board of the Pension Protection Fund (PPF) published a consultation document on the 2017/18 levy. The consultation closes on 31 October 2016 and only minor changes are proposed. The PPF has also recently published other consultations and documents.

    Read full briefing note here

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    The debate on how to measure scheme funding liabilities
    6 October 2016
    “Pension Scheme liabilities are at all time highs” and “Gilt yields are at all time lows” are some of the current headlines within the defined benefit (DB) pension world so you could be forgiven for concluding that UK DB pensions are systematically in crisis. However, should liabilities and gilt yields be as closely linked as the headlines suggest? This quarter we focus on alternative discount rate methodologies for funding purposes and take a look at expected accounting assumptions at 30 September 2016. We also provide our usual updates on PPF levies and the buy-out market.  Read full bulletin here
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    Stormy waters ahead for pensions?
    6 September 2016

    ​Whilst we may have seen fewer thunderstorms this year than in previous summers, there has been no shortage of developments which could signal stormy weather ahead for pensions, including a Cabinet reshuffle, recent high-profile developments relating to the British Steel and BHS pension schemes and the prospect of a new Pensions Bill. All this takes place in the context of the vote to leave the European Union, which we have already considered in our briefing note ‘What does Brexit mean for pension schemes?’.

    Read full pensions bulletin here

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    21st century trusteeship and governance
    24 August 2016

    ​In July 2016, the Pensions Regulator (TPR) published a discussion paper on how trustee boards can meet the challenge of pension scheme governance in the changing pensions and economic landscape of the 21st century. TPR is seeking views by 9 September 2016 on a number of topics, including whether there should be minimum qualifications for professional trustees or Chairs of trustees and whether Chairs should be required to produce a governance statement for defined benefit (DB) schemes.

    Read full briefing note here

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    Visit the Industry Insights page for news and views on the latest industry developments
 

 Events

 
    Interest Rates, Inflation & Cash Flows: Practical Advice for DB Pension Schemes
    14 December 2016
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    Pension Scheme Valuations in Volatile Times
    26 January 2017
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    Trustee Knowledge & Understanding (TKU) Course
    8 February 2017
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    LGPS Training for Admission Bodies - New Course
    23 February 2017
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    Pensions and Investments in Uncertain Times
    9 March 2017
    Read more
    Visit the Events area for all forthcoming Punter Southall seminars, conferences and events
    Speak to us

    Speak direct to our specialists in this area
    Adam Stanley
    Head of Trustee Services
    Or call us on
    020 3327 5000