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. Lawyers requiring an actuarial expert adviser or witness.
  2. Sponsors of pension schemes who are seeking an independent trustee with deep actuarial and investment experience as well as a wide knowledge of the adviser market.
  3. Trustees and sponsors of pension schemes who need a second opinion on actuarial matters especially assumption setting or who are going through a transaction.

Our team of Mark Stocker and Mike Hammer have, between them, over 60 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.

Independent Trustee

Can act as an Independent Trustee including chairing if required.

Scheme Actuary Cover

Can provide cover for consulting firms eg maternity cover, temporary shortages.

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.

How We Work

  • We provide a personal service tailored to the client’s needs without the restrictions imposed by larger firms.
  • Mark Stocker or Mike Hammer personally lead on delivery dependent on the client.
  • The other provides review and support.
  • We provide a no-quibble fixed price.

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.
  • 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.

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. Of concern to the Trustee had been the capability of a new actuary in respect of the Asset Backed Funding Arrangement entered into at the previous valuation and the need to fully support the Trustee in its future negotiations with the sponsoring employer. Mike fully met expectations in these and all other respects. In addition to his responsibilities as actuary, Mike has led the client service teams encompassing administration, DB & DC consultancy and member communications. Throughout the time we have worked with Mike, 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
  • This field is for validation purposes and should be left unchanged.