Free Trial Corporate Access

Global Investor Magazine
Global Investor Magazine Copying and distributing are prohibited without permission of the publisher
Email a friend
  • Please enter a maximum of 5 recipients. Use ; to separate more than one email address.

Ford pension funds hire Punter Southall

02 June 2014

Punter Southall to provide daily liability estimates for Ford’s three UK pension schemes

Read more: Ford Punter Southall pensions

Ford’s three UK pension schemes have appointed Punter Southall to provide daily estimates of the schemes’ liabilities.

The key factors in the appointment were that Punter Southall's valuation software was tried-and-tested technology, and that the firm could assure the trustees on the accuracy of the results. This was critical as the liability results would be used to monitor the funding levels for comparison with investment allocation trigger points.

"I am delighted that the Ford Trustees have recognised the strength of our solution and, in particular, the rigour of our technology," said Andrew MacRae, principle at Punter Southall.

Ford’s three schemes, the Hourly Paid Contributory Pension Fund, the Salaried Contributory Pension Fund and the Senior Staff Pension Fund, hold assets in excess of £8bn ($13.4bn), and have around 75,000 members.

Have your say
  • All comments are subject to editorial review.
    All fields are compulsory.