Avon Seeks Actuary

Bath and Northeast Somerset Council has tendered for an actuarial services mandate for the GBP1.6 billion Avon Pension Fund, which it administers.

Bath and Northeast Somerset Council has tendered for an actuarial services mandate for the GBP1.6 billion Avon Pension Fund, which it administers. A fund official confirmed the tender but declined to comment further, referring further questions to Liz Feinstein, investment officer, who was unavailable for comment by press time.

The successful actuary will provide the defined benefit scheme with triennial and interim valuations and FRS17 calculations for a minimum of two years. The deadline to participate was July 31. The story first ran on GMM’s daily email on June 27.