The Pension Protection Fund (PPF) has appointed Spence and Partners Actuaries and Consultants as a member to a new actuarial panel.

The PPF has chosen five actuarial firms for the panel that will assist in carrying out valuations for pension schemes going through the PPF assessment period.

Brian Spence, managing director at Spence and Partners, said: “Spence and Partners is delighted to play an instrumental role in meeting the PPF’s objective of bringing certainty to transferring scheme members as soon as possible.

“Experienced and professional actuaries dedicated to this process ensure member benefits are secured with the PPF quickly and accurately alleviating any undue stress to the members.

"Our relationship with the PPF continues to develop, and being part of the panel allows Spence and Partners to contribute significantly to the PPF’s continuous improvement.”

Read more articles on occupational pension schemes