BAE Systems has launched an online pensions tool to manage and monitor its obligations across all seven of its UK defined benefit pension schemes.
The tool, Skyval, from PricewaterhouseCoopers (PWC), provides organisations and trustees with real-time access to information and analysis on their pension schemes’ liabilities, assets, risk and valuations.
BAE Systems will use Skyval to bring the information on its seven pension schemes onto one common platform.
It will have direct access to funding updates, pension scheme asset and liability modelling, sensitivity analysis and benchmarking, all in one place.
Skyval will also deliver a process for the organisation’s pensions accounting disclosures.
The organisation will go live with Skyval with some of its schemes in time for its 2013 year-end processes.
Nigel Tinsley, pensions director at BAE Systems, said: “Having carried out a thorough review of our requirements, we decided Skyval was the most cost-effective, user-friendly and relevant option for our needs.
“We have signed up for the next two actuarial valuation cycles for our schemes, and will be running figures including funding and accounting disclosures from the Skyval platform.”
Hi I play Bridge at Preston bridge club it’s a charitable not for profit organization. With it being such a wonderful game I would like to give other retired members the chance to learn the game.
It would be ideal if you could display an article on your site or in the update magazne.
Regards
Dave
Preston Bridge Club
Would you like to learn to play Bridge?
Beginner’s lessons start @ 7.15 – 9.15 pm
Tuesday 29th September 2015
Contact Veronica Petrie on
01772 750179
Or email to
[email protected]
our address is
St. Walburge’s Gardens,
Weston Street,
Preston
PR2 2QJ.
: http://www.bridgewebs.com/preston/
We are affiliated to the national body
And use their accredited
Schemes of work.