The Special Projects team provide excellence to clients in relation to varied pension projects both for ongoing pension schemes and those heading towards or in the process of buy in/out or wind up. Their team enable their pensions clients to undertake transactions and derisking exercises by confirming the quality, consistency and reliability of pensions data.
Key responsibilities including however, not limited to the following:
· Benefit correction/rectification exercises
· Undertaking pre-deal due diligence for bulk annuity providers
· Providing governance work for trustees including testing application of rules to benefits
· Benefit creation exercises, such as contingent spouse pensions
· Benefit calculation proforma for administration teams to use on smaller clients
· Calculations testing (both doing calculations to test against automated results and using pensions knowledge to identify errors in/improve automated calculations)
· Data validation/audits and improvement/creation projects
· Acting as the client’s primary point of contact on some projects
· Producing/reviewing consulting reports on projects, as required
