Actuarial costs: Why medium-sized schemes are paying vastly different fees

clock

Some medium-sized pension schemes are shelling out more than three times the fees paid by other schemes with no difference in service levels. We look at the issues involved.

Actuarial consultant Atkin & Co said fees quoted can range from £15,000 to £50,000 for carrying out a triennial valuation for the same scheme and from £3,000 to £15,000 for an FRS17 exercise. Di...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Pension investment decisions must put savers first, Penfold urges

Pension investment decisions must put savers first, Penfold urges

Comes as concern grows over proposed government power to mandate certain investments

Holly Roach
clock 17 March 2026 • 1 min read
News Digest: More than half of Gen X faces a pension shock

News Digest: More than half of Gen X faces a pension shock

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 17 March 2026 • 1 min read
Standard Life workplace net inflows hit £5.3bn

Standard Life workplace net inflows hit £5.3bn

Firm’s full-year results reveal new workplace members were up 14% in 2025

Jasmine Urquhart
clock 16 March 2026 • 2 min read
Trustpilot