| Johnston Actuarial Services Limited provides actuarial consultancy services to predominantly group defined benefit schemes. These services include statutory actuarial valuations, reports and certifications, as well as more general actuarial advice. We also provide advice on non-actuarial matters to all types of occupational pension schemes, such as administration and HMRC requirements, and we assist with legal requirements, etc.
Johnston Pension Trustees Limited provides independent trustee services to small self-administered schemes. This includes being appointed Scheme Administrator, a role introduced by HMRC as a formal requirement for all registered schemes with effect from A Day (6 April 2006).
Prior to A Day HMRC required trustees of small self-administered schemes to formally appoint an actuarial adviser to undertake regular scheme valuations, assess scheme surpluses (if any), certify maximum permitted contributions, etc. Since A Day this requirement has ceased to apply, under HMRC’s new “Pensions Simplification” regime. However our experience is that many trustees still appreciate “actuarial” input, and Johnston Actuarial Services Limited provides advice to many self-administered schemes where Johnston Pension Trustees Limited is not a trustee.
We work alongside accountants, solicitors, independent financial advisers and other pension trustee companies, as well as with the client direct, and we enjoy mutually satisfying working relationships. |
