Actuarial Services - Pensions
Boal & Co can fulfill all of the responsibilities required under Scheme Actuary appointments. We currently hold Scheme Actuary appointments for schemes in the Isle of Man, Jersey and Guernsey.
In addition, we offer a number of consulting services to schemes and trustees.
We are able to provide regular valuations in order to assess the solvency position and ongoing funding requirements of the scheme.
We can produce accounting disclosures for international pension schemes which comply the appropriate standards, including FRS17 and IAS19.
As Actuary, we are able to provide a number of calculations required by schemes. These include transfer value calculations, and determination of scheme benefits on leaving service and retirement.
We are able to provide consultancy services in relation to scheme design and benefit structure.
We can act as a peer reviewer in relation to services provided by a Scheme Actuary, offering advice to both employers and trustees.
Member communication can form a vital aspect of operating a pension scheme. We are able to provide services including the production of regular benefit statements, announcements and scheme guides.