Spence & Partners, our actuaries, helped SYHA Hostelling Scotland deal with complex and challenging final salary pensions issues in a practical and pragmatic way.
From day one, it was clear that Spence & Partners had the skill sets and processes in place to provide the project management capability to see the schemes through the PPF and FAS assessment process. The quality of service is excellent
Throughout, Spence & Partners has provided invaluable support. They understand the PPF and FAS assessment process, they know our business, we have a strong relationship, and they deliver.
Spence’s approach is refreshing, pro-active and gives us great confidence that we can successfully manage the Scheme in the future.
Spence were able to offer a service that not only introduces efficiencies but brings together the most important aspects of our scheme activity on a platform that we can monitor in line with our strategic goals.
Spence’s proposition was innovative yet simple, and from day one of their appointment, the team have expertly guided the Company and Trustees towards the ultimate goal of securing member benefits and winding up the Scheme.
We are getting things done properly now and are receiving a level of service we hadn’t realised we should have been expecting all along. Spence is like a breath of fresh air.
2020 will
definitely see progress being made towards a new funding code for defined
benefit schemes. The…
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