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Hymans Robertson has announced the appointment of Tom Hoare as Head of LGPS Valuations. This move further strengthens the leading pensions and financial services consultancy’s LGPS Actuarial team at a crucial time when English and Welsh Funds are undergoing their triennial valuation process. In his new role, Tom, along with the wider LGPS team at Hymans Robertson, will be working with clients to help them deliver their valuations smoothly and achieve their strategic funding goals. |
Tom joined Hymans Robertson as a graduate in 2014 and has over 10 years' experience advising LGPS Funds across the country. Prior to taking on the lead role Tom was a Senior Actuarial Consultant, and he remains Fund actuary to a number of LGPS Funds. Commenting on his new role, Tom Hoare, Head of LGPS Valuations, says: “On the eve of the 2025 valuation, it is a very exciting time to take on this role. The LGPS is in a very strong funding position, and for many Funds, decisions made during the 2025 valuation will be key to achieving their objectives and successfully navigating the road ahead. In the coming months, many Funds will be focusing on their long-term strategy and looking to strike the right balance of managing risks and taking opportunities. Having a robust long-term strategy in place will help to maintain focus and ensure Funds achieve their goals and deliver the best outcomes for all stakeholders. I’m looking forward to the year ahead and am delighted that I can help Hymans Robertson continue to deliver even more for our LGPS clients.” Commenting on the experience Tom brings to the role, Rob Bilton, Head of LGPS Actuarial, Hymans Robertson, says: “Tom’s experience and understanding of the issues faced by LGPS Funds will be invaluable in his new role. He will be central to the ongoing success of Hymans Robertson’s LGPS team as we support our clients. The 2025 valuation poses different questions and challenges from the last. Since the last valuation in 2022, the economic environment has changed, with many Funds reporting improved funding positions. This presents an array of options around employer contribution rates and investment strategy, allowing the LGPS to continue its successful delivery of outcomes for members, employers and the wider UK.”
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