JLT Employee Benefits (‘JLT’), one of the UK's leading pension and employee benefit consultancies, has established a new cross functional knowledge group dedicated to and specialising in servicing Local Government Pension Scheme (LGPS) clients. The LGPS Assurance Team is made up of individuals with expertise across all areas of pensions and experience of the public sector.
The Local Government Pension Scheme comprises of individual funds with assets in excess of £220bn collectively. It has more than five million members working in the public sector, including local government, education, voluntary agencies and the police support staff.
JLT has been active in the LGPS market since 2002, delivering a range of investment consulting services to 22 funds from full consultancy to discrete short-term projects. More recently, JLT was appointed to the new national Local Government Pension Schemes framework covering pensions administration support services. The appointment allows JLT to be selected by individual LGPS funds to carry out key projects, such as GMP reconciliations and data cleansing.
JLT’s LGPS Assurance Team comprises of the following:
Adrian Chapman – LGPS and Public Sector Administration Services Director
Adrian has over 25 years’ pension experience. Working with LGPS funds and wider Public Sector schemes has been a constant theme over the last 10 years whilst at ITM, Prudential and Capita. Adrian consulted on the original ‘Fair Deal’, a Treasury led initiative to protect Public Sector pension rights on TUPE transfer through broad comparability rules, and established the industry wide broadly comparable scheme ‘Platinum’.
Karen Scott - Market Development and Client Manager
Karen previously worked for Capita where she was responsible for the day-to-day administration of all Capita’s LGPS and Police Pension Scheme clients. Prior to this, she worked for North Yorkshire County Council where she was Operations Manager to the £1.2bn North Yorkshire Pension Fund - which is part of the LGPS.
Lorraine Harper – Governance
Lorraine has advised a number of London Boroughs, County Councils and the London Pensions Fund Authority (LPFA) on pension administration matters, as well as carried out governance reviews for Bath and North East Somerset Council and the Northamptonshire Pension Fund. Lorraine also contributed to the consultation for the Audit Commission considering options for pooling services in LGPS.
Cameron McMullen and Nick Buckland - Investment Consulting
Cameron is responsible for the relationships with JLT’s LGPS clients and the promotion of the investment consulting services. Nick previously worked for Dorset County Council where he was Chief Treasury and Pensions Manager for their pension fund.
Steve Birks and Danny Snow - Administration
Before joining JLT, Steve was Head of LG Pension Administration for Capita. Danny was previously the Pensions Operations Manager for the LGPS and also worked for the Department for Communities and Local Government consulting on the new LGPS structure.
Steve Jones - GMP reconciliation services and data services
Steve heads JLT’s Data Assurance Services Team which specialises in delivering data related projects such as GMP reconciliations, common and conditional data validation, and data cleanse exercises. Steve has overseen more than 300 GMP reconciliations during his career.
Adrian Chapman, LGPS and Public Sector Administration Services Director, JLT Employee Benefits, said: “Over the years, we have built a strong offering within the LGPS market, particularly through our highly-regarded investment consulting team. With the LGPS Assurance Team, we are looking to harness our vast collective LGPS experience to make available a complementary administration support team for the public sector.
“Public sector pension schemes are facing huge challenges at present and I’m confident that, with our full range of LGPS services, we are very well placed to support the funds going forward.”
Corinne Gladstone, PR Manager, JLT Group | T: +44 (0)20 7895 7705 | M: +44 (0)7799 340658 | E: firstname.lastname@example.org
NOTES TO EDITORS:
Find out more about the work of JLT’s LGPS team here.
About Jardine Lloyd Thompson
Jardine Lloyd Thompson is one of the world’s leading providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services. JLT’s client proposition is built upon its deep specialist knowledge, client advocacy, tailored advice and service excellence.
JLT is quoted on the London Stock Exchange and owns offices in 41 countries with more than 10,600 employees. Supported by the JLT International Network, it offers risk management and employee benefit solutions in 135 countries.
For further information about JLT, please visit our website www.jlt.com.
About JLT Employee Benefits
JLT Employee Benefits is one of the UK’s leading employee benefit providers offering a wide range of benefit and pension services, including administration, actuarial, pension and investment consultancy, wealth management, flexible benefits, healthcare, benefit communication and financial education.
JLT Employee Benefits employs over 2,200 professionals and in 2016 had revenues of £160 m in UK & Ireland.
Pensions and employee benefits companies within the JLT Employee Benefits group of companies include: JLT Benefit Solutions Ltd, Profund Solutions Limited, JLT Wealth Management Limited, JLT Investment Management Limited and Independent Trustee Services Limited. JLT Employee Benefits is part of Jardine Lloyd Thompson Group plc.