The focus of GAD’s pensions policy team’s work is providing actuarial support to officials of the UK Department for Work and Pensions (DWP) on government policy in relation to work-based pension schemes.
The team has significant experience of working with officials in other government departments. Drawing on their wide-ranging actuarial knowledge and experience, and their understanding of practical pensions issues, the team is strongly-placed to give technical and analytical advice on pensions issues which recognises the broader policy context.
Our expertise in pensions policy is also available to government and public service clients outwith the UK.
Examples of topics on which we have advised DWP
- The treatment of pension rights on divorce.
- The development of the detailed policy on the scheme funding requirements for defined benefit schemes, which have replaced the previous Minimum Funding Requirement.
- The structure and operation of the Financial Assistance Scheme.
- Policy on contracting out of the state second pension and on the indexation of pensions after retirement.
- The framework for determining the individual transfer values paid from one pension scheme to another if members choose this option.
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Contact us
To discuss your requirements, please email enquiries@gad.gov.uk, or phone +44 (0)20 7211 2666.
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