Pensions - Articles - BW to provide actuarial services to P&O Pension Scheme

 The P&O Pension Scheme is linked to DP World, a global company that has a portfolio of more than 65 marine terminals across six continents, including new developments underway in India, Africa, Europe and the Middle East. DP World takes great pride in its association with the venerable heritage of P&O and is committed to preserving and protecting the history of this famous British company.

 Robert Hawkes, partner at Barnett Waddingham who will act as scheme actuary, said: “We are delighted with our appointment and very pleased to be working with this experienced Trustee Board and the Pensions Manager Jane Healy. We look forward to supporting them with the longer term objectives for the scheme.”

 Steve Delo, Chief Executive of PAN Governance LLP, the Independent Chair of the trustees for the scheme, commented: “Against a very competitive field, the Trustee Board was greatly impressed by the way in which Barnett Waddingham’s team blended deep technical knowledge with strong communication skills. They made a real effort to understand our scheme’s needs. The tender process was led by the Pensions Manager, Jane Healy, and her team, supported by Kim Gubler Consulting, who helped frame our requirements and focus the selection exercise.”