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Northern Ireland Local Government Officers' Superannuation Committee appoints actuarial adviser

Monday, March 11, 2013

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The Northern Ireland Local Government Officers' Superannuation Committee (NILGOSC) has appointed Aon Hewitt as actuarial adviser to the Local Government Pension Scheme for Northern Ireland.

The £4bn fund has over 90,000 members. Aon Hewitt will be working closely with the committee to help them manage the fund and to discharge a variety of regulatory duties.

David Murphy, NILGOSC chief executive and secretary, said: "NILGOSC's simple objective is to be an excellent pension service provider, and to do so we need good quality advisors working alongside us to support our scheme employers and members.

"We are confident that Aon Hewitt will fulfil this role very well as its track record speaks for itself."

Tim Lunn, head of the UK Public Sector Actuarial team at Aon Hewitt, said: "NILGOSC's decision to appoint Aon Hewitt as its actuarial adviser is particularly pleasing. We have worked as actuarial adviser to the fund in the past and have continued to provide investment advice.

"We are delighted that NILGOSC has recognised our expertise in this area and have once again chosen to put their faith in us. We look forward to re-establishing our relationship with the committee and helping them through what is expected to be a period of significant change."

First published 11.03.2013

monique_simpson@wilmington.co.uk