XPS Pensions Group PLC XPS' Radar wins 'Actuarial Software of the Year'
11 December 2019 - 2:40AM
RNS Non-Regulatory
TIDMXPS
XPS Pensions Group PLC
10 December 2019
Press Release
10 December 2019
XPS' Radar wins 'Actuarial Software of the Year'
at the Actuarial Post Awards 2019
XPS Pensions Group has won the award for 'Software of the Year
2019' at the Actuarial Post Awards. Radar is a web-based tool
offered to all XPS clients to help them gain insights into their
scheme and make key decisions in real time. Radar has helped
trustees and employers to identify opportunities to re-design and
de-risk investment strategies, to conduct valuation negotiations
efficiently and collaboratively, and to receive daily updates about
how current market turbulence has impacted their schemes.
Radar's recent development of a sophisticated journey planning
functionality has been described by trustees as a "game changer".
Its ability to accurately project the expected evolution of a
scheme on multiple bases enables trustees to design long-term
funding strategies, monitor progress towards them and identify when
the scheme might ultimately be able to achieve its long-term
goals.
Paul Cuff, co-CEO of XPS Pensions Group, said: "We are delighted
to have won Actuarial Post's 'Actuarial Software of the Year
Award'. Radar is the cornerstone of everything we do for our
actuarial and investment clients. The significant addition of
journey planning this year has really taken Radar to the next level
and feedback from clients has been fantastic. Continuing to invest
in our technology solutions is a top priority for XPS Pensions
Group."
XPS Pensions Group is the largest pure pensions consultancy in
the UK specialising in pensions actuarial, investment consulting
and administration services.
ENDS
For more information please contact:
Rebecca Noonan, Associate Partner, Camarco
Tel: 020 3757 4981 / 07900 340483
Mia Carlin, Consultant, Camarco
Tel: 020 3781 9242 / 07903 281 922
Notes to editors:
XPS Pensions Group
XPS Pensions Group is the largest pure pensions consultancy in
the UK, specialising in actuarial, investment consulting and
administration. The XPS Pensions Group business combines expertise,
insight and technology to address the needs of over 1,000 pension
schemes and their sponsoring employers on an ongoing and project
basis. XPS undertake pensions administration for over 870,000
members and provide advisory services to schemes of all sizes
including 25 with over GBP1bn of assets.
XPS Pensions Group won the 2019 Professional Pensions
Actuarial/Pensions Consultancy of the Year and the 2019
Professional Pensions Third Party Administrator of the Year. XPS
Pensions Group was also ranked the No.1 Third Party Administrator
in the Professional Pensions 2019 survey for the fifth time in the
last six years.
www.xpsgroup.com
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END
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