Pension Advisor
| Reference | 176103322 | |||
| Sector | Accountancy Jobs | |||
| Salary | £26.62 per hour, Benefits: Hybrid working | |||
| Town/City | London | |||
| Locations | London, South East, UK | |||
| Job Type | Permanent | |||
| Date Posted | 10th Apr | |||
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Job Description |
| Sector Local Authority Contract : 3 to 6 months (with the possibility of extension) Pay rate: £26.62 per hour (umbrella) Working pattern: Hybrid – occasional office attendance required Location West London Interviews to take place ASAP with a start soon thereafter An excellent opportunity has arisen for an experienced Pensions Advisor to join a London local authority, supporting the delivery of a vital public service. As Pensions Advisor, you will support the Assistant Pensions Team Manager with the day-to-day operations of the pension service. A key part of the role involves monitoring the performance of the pension administrator to ensure processes run smoothly and meet expected standards. You will carry out a range of administrative tasks to maintain accurate pension records and assist employers in meeting their responsibilities to the fund. The role also provides support to the Assistant Pensions Team Manager and Head of Pensions as required. Responsibilities - Calculate and check redundancy payments - Collate and provide pay data for early retirements to enable accurate calculation of pension benefits and employer costs - Advise on pay details relating to sickness, parental leave, strike action, and unpaid absences; verify any related calculations - Set up new employers and admitted bodies on the fund accurately and without delay - Monitor and reconcile LGPS contributions from employees and employers, including schools and academies; resolve discrepancies - Ensure payroll providers administer Additional Voluntary Contributions (AVCs) correctly, and share information with providers and members promptly - Maintain accurate records and compile statistics for performance monitoring and reporting - Retrieve archived records to assist with queries from members or third parties - Review pensions payroll data, flagging discrepancies related to new pensioners, deaths, or payment adjustments - Provide guidance and support to payroll teams on pension-related processes Experience - You will have a strong understanding of pensions, particularly the Local Government Pension Scheme (LGPS), and previous experience in a similar role where attention to detail and accuracy were essential. - Solid knowledge of LGPS regulations, with an understanding of the Teachers’ Pension Scheme, State Pension, HMRC requirements, and The Pensions Regulator’s guidance - Confident in liaising with employers to ensure timely and accurate provision of pension information - Structured and organised approach to tracking contributions and reviewing payroll data - Proven ability to manage pension events such as retirements, leavers, or changes to working hours, with accurate record keeping - Experience calculating pensionable pay and preparing payment instructions for retirement grants, refunds, transfers, and death benefits - Adept managing supplier invoices and ensuring timely payment If you’re looking for a contract role where you can hit the ground running and use your pension knowledge in a meaningful way, this could be a great fit. Interviews to take place as soon as possible with a view to a start soon thereafter. Submit your CV now for immediate review.  |
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