Professionals

We work alongside professional advisers to provide independent expert advice enabling you to give the right advice to your clients.

Solicitors

The increasing complexity of all pension arrangements has increased the number of special situations that require an actuary to assist as an expert adviser. Corporate transactions involving defined benefit schemes have always benefited from the early involvement of an actuary both at the due diligence stage and during negotiations. The Pensions Regulator’s focus on conflicts of interest has increased the number of occasions when a separate actuarial adviser must be called upon to demonstrate that any proposals are carried out on arm’s length terms.

A solicitor will often need an actuary in a certain area of work such as probate, policy valuations, intestacy, life interests and reversions, divorce proceedings, termination of employment or unfair dismissal and damages. We can provide expert reports to clients or to court and act as an expert witness.

For more details, please see our list of services here

Accountants

Corporate transactions involving defined benefit schemes have always benefited from the early involvement of an actuary both at the due diligence stage and during negotiations. Due to the focus of The Pensions Regulator on conflicts of interest, it will be necessary to appoint an actuary at an early stage to demonstrate that all parties are acting on arm’s length terms. We are able to assist with the structure of the deal by assessing the impact of the pension scheme on finances and identifying the most appropriate pension arrangement going forward. This increases the likelihood that all relevant factors will have been taken into account and reduces the risk of negligence claims.

We have considerable experience in production of corporate disclosures that comply with UK, US and international accounting standards. We are able to provide the complete range of options for reporting on pension costs and the disclosure of directors’ benefits where required together with any technical assistance including comment on the appropriateness of the disclosures that the directors have produced.

We can assist with the audit of a pension scheme through verification of calculations and computer systems, checking compliance with the relevant legislation and accounting standards and technical assistance. This is often the way of demonstrating to the client that the pension scheme auditor is rigorous whilst at the same time reducing the risk of negligence claims.

For more details, please see our list of services here

Independent Financial Advisers

The existence of a defined benefit pension scheme can be a bar to proper financial planning because too much of the client’s resources are channelled into it. We can help make sense of an existing situation and put the client’s pension policy on track, usually with significant cost savings. This enhances the financial adviser’s ability to deliver the solution most suited to the client’s situation.

The increasing complexity of all pension arrangements has increased the number of special situations that require an actuary to assist as an expert adviser. This is often the way of demonstrating to the client that the financial adviser is innovative in looking for the best solution whilst at the same time reducing the risk of negligence claims.

For more details, please see our list of services here

Venture Capitalists

Corporate transactions involving defined benefit schemes have always benefited from the early involvement of an actuary both at the due diligence stage and during negotiations. Due to the focus of The Pensions Regulator on conflicts of interest, it will be necessary to appoint an actuary at an early stage to demonstrate that all parties are acting on arm’s length terms. We are able to assist with the structure of the deal by assessing the impact of the pension scheme on finances and identifying the most appropriate pension arrangement going forward. This increases the likelihood that all relevant factors will have been taken into account and avoids under-performance of the investment.

For more details, please see our list of services here

Banks, Investment Houses, Stockbrokers

Before taking on an obligation in relation to a client that is or has a pension scheme, it would be advisable to consider expert actuarial advice. This can avoid the pitfalls of under-performance or criticism because the relevant factors have not been considered from the outset.

For more details, please see our list of services here

FarrSight Solutions Limited, Cotton House, Queen Street, Manchester, M2 5HS         Telephone: 0161 877 9440