Pensions Actuary Services Ltd

Extensive experience as leaders, client managers and actuaries at a number of the largest global employee benefit consultancies.

Pensions Actuary Services Limited is a niche actuarial firm providing a unique set of services aimed at:

  1. Clients requiring an actuarial expert adviser or witness – we have significant experience in litigation and regulatory cases
  2. Sponsors of pension schemes who are seeking a professional independent trustee – we provide deep actuarial and investment experience
  3. Trustees and sponsors of pension schemes who wish to review their advisers – we have a wide knowledge of the adviser market

Our team each have over 30 plus years of experience as leaders, client managers and actuaries at a number of the largest global employee benefit consultancies.

What services can we provide?

Expert Witness

In relation to pensions litigation regarding funding and associated issues of UK DB schemes.

Actuarial Projects

Either direct to clients or for consulting firms.

Professional Trustee

Can act as a Professional Trustee including chairing if required.

Second Opinions

To both Trustees and Sponsors including the method and assumptions for funding DB schemes, integrated risk management and derisking strategies.

Adviser Review

Can help Trustees and sponsors review the market to get best fit from their advisers.

Case Studies

How We Work

  • We provide a personal service tailored to the client’s needs without the restrictions imposed by larger firms.
  • Mark Stocker will personally lead on delivery.
  • Mike Hammer provides peer review and support.
  • We have access to flexible valuation systems.
  • We provide a fixed price and very competitive hourly rates.

What Do You Get?

  • Access to over 60 years of experience.
  • Competitive Fees.
  • Well respected and well known actuaries.
  • Pragmatic advice but robust as required.
  • Court experience as an expert actuary.
  • A professional trustee accredited by the Pensions Management Institute
  • Extensive committee and chairing experience.
  • Senior industry representatives.

How Do We Charge?

  • We charge fixed fees or a daily rate dependent on the project.
  • We don’t start the clock ticking for ad hoc queries.
  • As an owner run business we rely on referrals so aim to give exceptional value.
Clients

TESTIMONIALS

  • Mark and Mike were experts in the UK pension aspect of Nortel, a major, complex and contentious international insolvency. The UK pension trial required 3 weeks of trial, involved hundreds of millions of pounds and, as is always the case, difficult actuarial concepts and valuations. They were highly skilled, able to distill the complexity so that the judge could focus on the relevant matters, always responsive and a privilege to work with. Mark was an excellent witness whose evidence was well received by the court. They are consummate professionals and we highly recommend them.

    Gale Rubenstein, Jason Wadden and Alan Mark Partners, Goodmans

  • Mike has been Scheme actuary on the Moet Dior RBS for several years (I am the longstanding independent trustee and current chair of trustees). I have found Mike to be an excellent actuary/consultant with a confident approach to trustee business and meetings. He has considerable front line client experience in leading consulting firms and strong technical knowledge. He is easy to work with and able to explain complex concepts in an engaging way. He was well regarded by our Trustee Board.

    Steve Delo Managing Director, PAN Governance

  • Mark is commercial and pragmatic, his sound and authoritative advice and innovative ideas are always well received

    Esther White Senior Associate at Charles Russell Speechlys

  • Mark draws on his considerable skills expertise and wide ranging experience to focus on the issues and the needs of those with whom he is working

    Desmond Hudson Chair of Regulation Board at the Institute and Faculty of Actuaries

  • Mark has a great depth and breadth of technical expertise to draw on and is good to work in partnership with.

    Regional Head of Compensation and Benefits A large Global Financial Services Institution

  • I would unreservedly recommend Mark to anyone requiring actuarial/pension services and support

    David Hetherington former HR director at Coral

  • Mike was appointed as the Fund’s actuary in early 2015. Mike fully met expectations in all respects. In addition to his responsibilities as actuary, Mike has led the client service teams encompassing administration, DB & DC consultancy and member communications…he has always provided authoritative advice in a manner that is compliant and clear. We are sure that any future clients can be confident in his appointment.

    David Welch Chairman of Trustee,Tennants Consolidated Limited Pension Fund

  • Mark Stocker was appointed to assist the trustees of the Nursing & Midwifery Council Pension Scheme to review our scheme providers. Mark was indispensable in formulating our brief for the companies who were invited to tender. His expert knowledge and opinion gave us confidence in accepting his shortlist of providers. Mark arranged all meetings and presentations. Where the trustees had areas in the tenders that were not clear or technically difficult, Mark clarified the issues and put them in understandable terms. He drilled down into the financial aspects of the various tenders and was able to guide the trustees into making the right decisions based on clear information, allowing us to make comparisons between proposals. Although we decided to keep our current provider, Mark was instrumental in assisting the trustees to come to our decisions. I thoroughly recommend Mark's services.

    John Halladay Chair of Trustees, The Pension Scheme for the Nursing and Midwifery Council and Associated Employers
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