Position Overview
Fund Governance Manager needed in Trowbridge, £50,788 to £52,805 per annum – Reference: 1547832
The purpose of the Fund is to meet all future pension liabilities of its scheme members, whilst at the same time seeking to minimise the contributions that need to be paid into the Fund by the employer bodies. The level of employer contributions is assessed every three years through an actuarial valuation of the Fund.The correct administration is critical to ensure the Fund operates within various, complex regulatory requirements and avoids fines by the Pension Regulator along with the associated reputational risk.The management of the Fund’s assets and liabilities is attributable to its solvency and determines the level of contributions to be paid by employer’s organisations, a significant cost for them (circa. £40m per annum for Wiltshire alone) and for many smaller employers this has a direct impact on their financial viability.