Barnett Waddingham

While a dearth of pension changes in the October 2018 Budget is generally a welcome thing, our Pensions Technical Specialist James Jones-Tinsley looks at key issues the Chancellor won’t be able to keep dodging and explains why they matter to financial advisers and their clients.

The Chancellor needs to find the money from somewhere to meet the promised extra funding for the NHS, amongst other things, and recently described pensions tax relief as “eye-wateringly expensive”.

Once the dust has settled, join our interactive webinar hosted by Self-Invested Pensions Technical Specialist, James Jones-Tinsley, who will guide you through all the implications - and key topics of discussion - arising from the Budget announcement.

For Financial Advisers and other professionals, the webinar will be eligible for CPD purposes.

At our DC Conference, we helped delegates understand the experiences, challenges and thought processes of their members to enable them to make better decisions for their scheme – truly putting themselves in their members’ shoes.

If you were unable to attend the conference, or wish to recap on some of the key messages, we are running a series of bite-size 30 minute webinars to cover some of the topics discussed.

Inspired by the session delivered by Bill McNabb, Chairman of the Board of Vanguard, this webinar will consider how the strategy you bring to your benefit proposition should reflect the organisation’s culture.

This includes engaging the workforce to ensure optimum service is provided, assessing relative value and "looking forward" to identify future trends for both benefit provision and propositional offering.

The high court judgement on the GMP equalisation Lloyds case has been handed down.
Does it open the door to the opportunity of genuine pension simplification, or slam it firmly shut?
Join Head of GMP equalisation; John Cormell as he discusses what this means for trustees and sponsors;
•Funding implications
•Accounting implications
•Scheme administration
•GMP conversion and pension simplification

The value created by employees in a healthy organisation is vital to achieving long-term sustainable business success. How healthy is your organisation? It could be time for a check-up.
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Defined benefit pension schemes with future service benefits have been largely forgotten by the DWP and the Pensions Regulator, but future service costs can cause even more problems (for those employers that do wish to provide them) than the well-publicised past-service deficits.

A few high profile schemes, such as Royal Mail, have started to ask for legislative changes to allow “Collective DC” (or CDC) schemes to be used in the UK. Barnett Waddingham Partner, Paul Hamilton looks at how DB future accrual works (or doesn’t work) in the UK, and is joined by Rajish Sagoenie, Managing Director of Milliman Pensioenen in The Netherlands to talk through his experiences of working with CDC schemes there.

Are bulk annuities a potential option for your scheme? It could be the right time to consider a transaction. Buy-ins can play an important role in any de-risking journey – offering an effective way of removing both financial and demographic risks.

The approaching tax year end is the time when most people examine their personal and company finances.
To help professional advisers be ready for client questions at a time when every minute counts and travelling time is unwelcome – we’re hosting a live webinar with a strong technical focus in February.
Join us live to watch and ask questions, or catch up when you can to keep in perfect technical tune.

There is no getting away from it - actuarial reports are a fact of life and are here to stay.

Important and material information can easily get lost in long technical and “boring” reports. This makes it difficult for report users such as committees and boards to identify the key issues, and increases the risk of suboptimal decision-making.

It is unlikely that any actuarial report will ever win the Man Booker prize, however, there are many things you can do to make the writing process easier and make the report less dreaded by its users.

This webinar will cover how to improve the writing process of reports and make long, technical and “boring” reports a thing of the past.

Join our webinar where we will discuss current issues in financial reporting for pension schemes, under IAS19 and FRS102, and the flexibility in assumption setting – which can drastically reduce deficits.

As mentioned in recent news articles, Tesco reduced their balance sheet deficit by nearly £3bn. We will explore this and help you understand what reasonable changes you can make under the standards - reducing your pension balance sheet.

We’ll take you on a journey in understanding year-end market conditions and why you should reconsider your year-end methodology.

In this webinar we will demonstrate how easy it is to create Key Information Documents (KIDs) for Packaged Retail and Insurance-Based Investment Products (PRIIPs), in line with the new regulations coming into force on 1 January 2018, using Barnett Waddingham’s KIDs for PRIIPs tool. Throughout the demonstration, we will discuss the key inputs and decisions required to ensure compliance.