Endgame planning
With a dynamic risk transfer market and new provider solutions, endgame planning is complex. Our Excellence in Endgames hub cuts through the complexity to help you navigate this diverse landscape and put member outcomes first.
Trustee DB actuarial services
It’s more important than ever to have a robust, long-term plan to pay members' benefits. Our clear, straightforward advice will help you design and deliver the most effective strategy for your scheme.
Contact the team
Why Hymans?
It’s an important and exciting time for trustees managing defined benefit (DB) pension schemes.
Providing actuarial services to trustees is at the core of our work – in fact, we’ve been providing independent actuarial advice for over 100 years. We currently have over 200 actuaries and trainee actuaries delivering services to private sector DB schemes.
100 +
years of experience
200 +
actuaries
10 +
years of IRM experience
How we help
Better outcomes
We help bring together trustee and company views to set clear, long-term goals. Our integrated, risk-based approach helps deliver members’ benefits with greater certainty and reduced costs.
Greater confidence.
We help trustees make better, faster decisions with clear, straightforward advice and the power of our technology. From factors to funding, we focus on the issues that matter.
Long-term partner
We’re committed to the DB market for the long-term. For over a century, we’ve built long, strong partnerships with our clients. We love to share our insight and will keep you informed about regulatory updates, market trends and other developments, helping you confidently navigate the ever-changing world of pensions now and the future.
Through our partnership with Club Vita, the market leader in longevity analytics with an unrivalled data set comprising 2.7 million pensioners (one in four of all UK pensioners in receipt of a DB pension), you’ll have access to bespoke life expectancy assumptions.
Setting the PACE to buy-out
If your DB scheme is targeting buy-out, you’ll need a cohesive strategy and plan to get there. That’s why we developed PACE (plan, aim, check and execute). PACE integrates affordability, investment and due diligence considerations to create a clear pathway for your scheme.
Open DB schemes
Forging a path towards a sustainable, secure and relevant DB pension scheme for current employees and future generations isn’t easy. But done well, open DB schemes can thrive. We can help your scheme achieve stable contributions, sustainable investments and a member-first experience.
DB Funding Code
There’s a new framework for funding defined benefit pension schemes – and while regulatory compliance shouldn’t drive strategic decisions, it’s important to make sense of any regulatory changes. We’ll simplify compliance and give you confidence that your strategy will meet all the latest regulatory expectations.
Meet our team
Laura McLaren
Partner and Head of DB Scheme Actuary Services
Jonathan Seed
Partner
Graham Jones
Senior Actuarial Consultant
Susan McIlvogue
Head of Large DB Scheme Solutions
Alec Day
Head of Private Sector Actuarial Services
Related insights
Event
Creating a legacy: your role in building better pensions for all
We’re excited to announce our Pensions and Retirement Conference on Thursday 27 March 2025 at King’s Place, London.
Webinar
Exploring de-risking options to achieve your optimal strategy
Join us for our webinar where we will be exploring de-risking options to achieve your optimal strategy
Case study
Debenhams Pension Scheme transfers to Clara: a groundbreaking transaction
Debenhams Pension Scheme transfers to Clara: a ground breaking transaction
Blog
What the new funding code means for open DB schemes
We’re delighted that TPR’s new funding code includes a section dedicated to open schemes, and gives them funding and investment flexibility.
Explore trending insights topics
Related services
Explore our trustee defined benefit services. Select 'view more' to see our full range of services.
Fiduciary oversight
Impartial, comprehensive fiduciary oversight expertise brings peace of mind that you’re getting the best out of your arrangements.
DB actuarial services
Our integrated, risk-based actuarial approach adds value and creates more certain outcomes for trustees, sponsoring employers and scheme members.
DB pensions administration
We deliver high-quality member and client service solutions for defined benefit, hybrid and career average related earnings schemes.
DB member options
The concept of retirement is changing and members are now more engaged in deciding how, and when, to access their valuable defined benefits.
DB governance
Trustees are under increasing pressure to meet regulatory demands as governance standards for UK pension schemes evolve.
DB consolidation
Consolidation is widely supported by both the industry and government and is an important step towards improving member outcomes.
Awards and accreditations
