BAC in the news

BAC press releases, news stories and articles published in the pensions press written by our senior team.

Happy Christmas from all at BAC

bac-happy-christmas-2016

At BAC we like being a bit different, and we don’t like spending money on frills.

We therefore decided on an electronic Christmas message this year, balancing a personal touch with a dash of quirkiness – the essence of BAC.

We present Andrew Bowman’s short film (aged 10 and 11 months) about the “Present that kept on giving” (and, yes, the Bowman surname is not a coincidence…)

https://youtu.be/E0HOPWtIW7Q

Please note Andrew likes Marvel action films, so watch out for

• dramatic music
• a post credit scene.

Happy Christmas!

Refresh your advisers

lemon juicePensions World, July 2016
by Leonard Bowman

Whether it is driven by a desire for good governance, concerns about fee levels or a poor quality service, carrying out a formal review of scheme advisers is becoming increasingly common. Leonard Bowman looks at how to design a review process for your scheme actuary and/or investment consultant.

Click here to read article.

Tags:

BAE Systems adviser review

Bath Actuarial manages largest scheme actuary review in recent years

Bath Actuarial Consulting was delighted to be chosen by BAE Systems to support the trustees of its UK pension schemes in the process of appointing a single scheme actuary firm across the schemes.

Nigel Tinsley, BAE Systems Pensions Director, commented “We felt that, for such a complex scheme actuary review, we would benefit from the independent and experienced view which Bath Actuarial could bring to the project. We were very pleased with the support they provided, with how smoothly the process went and, of course, with the end result, which was Hymans Robertson being appointed across all of our schemes.”

Leonard Bowman, Director of Bath Actuarial explained “Adviser review projects can often take up far too much of the in-house pension team’s time, which is why external support and the efficient use of technology can make a real difference. Our aim in helping to manage the tender process was to keep the disruption to BAE Systems day-to-day pension operations to the absolute minimum.”

For further information and expert comment, please contact Leonard Bowman.

Tags:

How trustees can tackle those 3am woes

Pensions Expert, April 2015, by Leonard Bowman.

While governance can often be seen as a tick-box process, a small number of issues are increasingly keeping pension directors and chairs of trustees awake at night.

Click here to read article.

Going the distance (journey planning)

Pensions World, December 2014, by Leonard Bowman

Has journey planning finally come of age? Leonard Bowman, Bath Actuarial Consulting, looks at how companies are increasingly taking the lead in investment plan design.

Click here to read article