New adviser for local government pension

The Northern Ireland Local Government Officers’ Superannuation Committee (NILGOSC) has appointed an actuarial adviser to its local government pension scheme for Northern Ireland.

Aon Hewitt will be working closely with the committee and its officers to help manage the £4 billion fund, which has 90,000 members.

David Murphy, chief executive and secretary at NILGOSC, said: “NILGOSC’s simple objective is to be an excellent pension service provider, and to do so we need good quality advisers working alongside us to support our scheme employers and members.”

Tim Lunn, head of the UK public sector actuarial team at Aon Hewitt, added: “We have worked as actuarial adviser to the fund in the past and have continued to provide investment advice.

“We look forward to re-establishing our relationship with the committee and helping [it] through what is expected to be a period of significant change.”