PensionsWatch is an expanding network of independent consulting actuaries, IT specialists and other pensions professionals. PensionsWatch aims to redefine the meaning of service and value for money in pensions-related actuarial services by offering niche solutions for the pensions market at much lower cost than other actuarial consultancies. We can achieve this by minimising overheads and making use of the latest technologies. Our flagship “NeXtStep” service, for example, supplies employers within the Local Government Pension Scheme (LGPS) with their own independent actuary capable of meeting all their consulting and compliance needs, including due diligence, cessation calculations etc For an incredible fixed fee of just £999+VAT, LGPS employers can gain access to a fully compliant accounting package (IAS19/FRS102) bundled with 5 hours of actuarial consultancy per annum. Furthermore, the NeXtStep financial reporting platform is web-enabled and gives employers a high degree of functionality and flexibility. Monthly FRS102 updates on demand are just one of a host of next generation features. Having demonstrated the benefits NeXtStep in the LGPS, we have further developed our cutting edge systems so that employers with private sector pension schemes, including multi-employer schemes, can also benefit from our technology and “value for money” philosophy. A typical saving for a full accounting service to private sector employers is around 50%. We also specialise in providing pensions advice to multi-academy trusts (MATS). Our unique fixed fee package, which is tailored for each case, means that MATS can obtain low cost accounting disclosures with just one point of contact and one set of consolidated disclosures, no matter how many LGPS Funds they participate in. The included free consultancy allowance can be used towards any new conversions in the year or any other pensions issues, leading to significant savings in both costs and management time. This means that MATS can benefit from pensions advisors on hand throughout the year without without worrying about incurring any extra costs.