Scheme Actuary services

​The bedrock of our approach is delivering succinct and timely advice to pension trustees, with clear options and recommendations. We strongly believe that this enables trustees to fulfil their role more efficiently.
 

 Overview

 
A successful Scheme Actuary must actively engage with trustees on several levels. We believe: 
  • a Scheme Actuary appointment is a personal appointment - we build strong relationships with trustees to understand their particular circumstances
  • every pension scheme and every group of trustees is unique - so we tailor our actuarial advice and provide different solutions to ensure we truly meet the trustees' needs
  • it is essential that our advice as Scheme Actuary is ‘joined up’ with other advice you receive, most crucially pension scheme investment and covenant advice
We have developed tools to support and enhance the way we deliver our advice. We find they really do help our clients make effective, informed and timely decisions.

 

 Insights and views

 
    What does Brexit mean for pension schemes?
    26 July 2016

    On 23 June 2016, the UK voted to leave the EU, but it remains unclear when our exit (otherwise known as ‘Brexit’) might be triggered and on what terms. In the face of such uncertainty, trustees and sponsors of pension schemes should be considering the short-term effects on their funding and planning for the possible longer-term implications of Brexit.

    Read full briefing note here

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    What options are there for managing the DC governance burden?
    20 July 2016

    ​In November 2013 the Regulator introduced a Code of Practice (Code) for the governance and administration of trust based DC schemes. Legislation came into force on 6 April 2015 introducing further requirements, including a mandatory annual Chair’s statement. A new update Code, together with accompanying guidance, is to come into force on 28 July. This note explores the options available to trustees and sponsors looking to manage their DC governance burden.

    Read full briefing note here

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    Deficits of UK DB schemes reach all-time high
    6 July 2016

    Brexit impacts will be evident on companies’ balance sheets at 30 June 2016, with historically low bond yields leading to lower discount rates which in turn increase the value of DB pension liabilities. We take a look at what Brexit means for sponsors of DB pension schemes, and in particular the immediate impact on accounting assumptions. We also cover the pensions problems currently being experienced by BHS and British Steel, as well as the usual updates on PPF levies and the buy-out market.

    Read full bulletin here

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    Pension scheme levies 2016/17
    21 June 2016

    ​Pension schemes are subject to a number of different levies. This briefing note collates previously published information to help schemes understand how much they can expect to pay in 2016/17.

    Read full briefing note here

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    Scheme funding: the regulator’s ninth analysis
    21 June 2016

    ​In June 2016, the Pensions Regulator (TPR) published its ninth annual analysis of valuations and recovery plans, covering valuations with an effective date falling in the year to 21 September 2014. The analysis covers scheme demographics, assumptions used and details of recovery plans.

    Read full briefing note here

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

 Online services

 
    Postcode life expectancy estimator
    Use your postcode and gender to get an estimate of your life expectancy, in comparison to the national average, and an indication of the difference that your postcode could make to your annuity.
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    Risk evaluator
    An online tool that looks at five key areas of risk and gives trustees an initial high level review of the quality of the governance procedures in place.
    Read more
    Visit the Online services area to access our full range of online modelling tools and facilities
 

 Events

 
    Getting Ready for Your Next Pension Scheme Valuation
    14 September 2016
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    Punter Southall Annual Pensions Conference 2016
    29 September 2016
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    Trustee Knowledge & Understanding (TKU) Course **FULLY BOOKED**
    6 October 2016
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    Getting Ready for Your Next Pension Scheme Valuation
    24 November 2016
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    Trustee Knowledge & Understanding (TKU) Course
    8 February 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