UK Actuaries, Consultants, Pensions Administrators | Spence & Partners

Rob Roy Challenge Charity Evening

Will Davison — Fri, 17 May 2013 14:57:13 +0000

Preparations for the Rob Roy Challenge charity evening in the Glasgow Piping Centre have been finalised and Team Spence and guests are looking forward to an evening of live entertainment from their fantastic resident band Run-GMP and special guest band Big Tuna. The night itself, organised by Gillian MacDonald and Sophie Slater of Spence & [...]

Trustees kept in dark by their advisers when it comes to data says Spence

Will Davison — Thu, 16 May 2013 10:36:41 +0000

UK pensions actuaries and administration specialists Spence & Partners today said that many data problems suffered by schemes are down to advisers withholding information and issues from trustees in fear of it jeopardising their appointment. Mark Johnson, Head of Data Audit & Analysis at Spence, commented: “As part of the procurement process many schemes will [...]

5 steps to a better valuation experience

Marian Elliott — Tue, 14 May 2013 08:34:40 +0000

This blog was written for Pension Funds Online by Marian Elliott of Spence & Partners - There is a lot to look forward to at this time of year. The end of March will bring longer daylight hours, the promise of slightly warmer temperatures and, for many trustee boards and companies, the process of carrying out an [...]

Pensions debt presents potential challenge to Scottish independence

Will Davison — Fri, 03 May 2013 10:25:59 +0000

Public sector and state pensions represent one of the most significant challenges for Scottish independence. David Davison examines some of the issues in an article on the Public Service website

Not such a smooth move

Will Davison — Wed, 01 May 2013 13:19:41 +0000

Smoothing has been swept aside, but employers can still flex their muscles when it comes to funding pension schemes says Alan Collins in May’s edition of CA Magazine : Not Such A Smooth Move

How to drive in India?

Kevin Burge — Wed, 01 May 2013 10:42:47 +0000

This is our latest blog for Pension Funds Online - If you have ever been to India or watched The Best Exotic Marigold Hotel film sequence where their bus drives straight at the oncoming traffic, you will know that ‘driving rules’ are few and far between. The basic rule is not to hit anyone and [...]

King Canute, Ostriches and Public Sector Pensions

David Davison — Fri, 12 Apr 2013 13:22:15 +0000

I’d been asked to draft some thoughts on the current, and likely future, state of public sector pensions for The Scotsman which I did in an article on the 4th April- Time Turned on Pension Attitude. Not surprisingly (well it was of little surprise to me at least) that the article received a prompt rebuttal [...]

A toothless watchdog that didn’t even bark?

John Griffin — Mon, 08 Apr 2013 09:59:47 +0000

Now that the Financial Services Authority (FSA) is no more, it is likely that it will mainly be remembered for one thing: presiding over the near-meltdown of the UK’s banking system. It didn’t rein in the banks, and arguably even encouraged the explosion in the City in the mid 2000s, with its feather-light touch approach [...]

Spence launches London office

Will Davison — Mon, 18 Mar 2013 15:12:30 +0000

A further milestone was reached in the on-going growth of Spence & Partners with the recent launch of our London office. We were delighted to be joined by many clients and contacts for what was a relaxing and enjoyable evening. Commenting on the evening Brian Spence [...]

Ready for ageing?

Kevin Burge — Fri, 15 Mar 2013 11:37:22 +0000

A recent House of Lords study has produced a raft of statistics which show that the population of the UK is only heading one way and that is up. Apparently the number of people aged over 85 will double between 2010 and 2030; the life expectancy for a man born in 2011 will be 93.8 [...]