Head of public sector, charities and not-for-profit, Spence & Partners
David is a director at Spence & Partners Actuaries and Dalriada Trustees.
He performs the role of a professional pension scheme trustee and specialises in providing pensions advice to charities and not-for-profit organisations, especially those who run their own final salary schemes or who participate in the LGPS and multi-employer schemes.
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David Davison says that many charities have historically wanted to pull out of local government pension schemes, but not been able to afford to; new proposals could help them out.
David Davison says charities must act now to convince the government to change the law.
David Davison urges charities that participate in local government pension schemes to respond to the Department for Communities and Local Government's consultation.
Recent changes in the law around pensions and wills could have a significant impact on how much money is available for charitable legacies. David Ainsworth examines what’s changed.
A new way of calculating PPF levies for not-for-profit organisations is likely to save most charities money, says David Davison, but a few could be big losers.
Many charities want to leave multi-employer pension schemes but cannot afford to. David Ainsworth looks at proposals to address the issue.
Last month charities under the London Pension Fund Authority scheme saw their payments sharply rise due to changes to how their debt and risk of default is calculated. David Davison warns other local government pension schemes could follow suit.