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

Small pots consultation a step towards a 'more efficient' pension system

Small pots consultation a step towards a 'more efficient' pension system

Estimates suggest there could be just 15 to 20 schemes left in the workplace market after consolidation

Holly Roach
clock 16 September 2026 • 5 min read
UK inflation rises to 3.1% thanks to fuel price increase

UK inflation rises to 3.1% thanks to fuel price increase

ONS data shows an increase from 2.9% in July to 3.1% in August

clock 16 September 2026 • 3 min read
News Digest: UK state pension will surpass income tax threshold next year

News Digest: UK state pension will surpass income tax threshold next year

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

Professional Pensions
clock 16 September 2026 • 1 min read
Trustpilot