Archive for the Consulting Category

Salary sacrifice and payroll

Posted in Business, Consulting, Employee benefits, Flex bens, Process with tags , , on January 9, 2007 by katephiz

Comment in Employee Benefits magazine on the importance of getting the processes and systems right in payroll when setting up a flexible benefits scheme.  Excerpt from the full comment as follows:

… if it is broken in payroll, that will create real problems. One very big retailer’s payroll system, for example, just could not add any additional columns for the extra data. 

Governance Consulting

Posted in Consulting, Employee benefits, Financial controls, Governance, IT, Management, Operations, Pensions, Press, Process, Risk with tags , , , , , on December 13, 2006 by katephiz

Press release annoucing the launch of LCP’s Governance Consulting Practice for which I am one of the two senior contacts.
The launch consolidates work to produce a manual for clients on how to undertake a risk management exercise.

Applying the code

Posted in Consulting, Governance, Management, Pensions, Press, Professional Pensions, Risk with tags , , , on July 7, 2005 by katephiz

Author of article in Professional Pensions on good governance for pension schemes and reducing risk through the development of good practices.  Excerpt follows:

The prevention of disasters is a worthwhile exercise. Viewed as a bedrock compliance regime, the codes should help to reduce the number of schemes forced into the Pension
Protection Fund. Trustees should, however, see them as very blunt tools when it comes to proactive risk management and seek assistance from a
professional guide. Indeed, the codes themselves increase the need for trustees to consider their personal exposure to risk.

Be a Smartie

Posted in Consulting, Employee benefits, Governance, Management, Pensions, Pensions World, Press, Risk with tags , , , , on April 1, 2005 by katephiz

Author of an article in the April 2005 issue of Pensions Word addressing risk assessment and how risk can be controlled through effective Governance such as the use of SLAs for managing outsourced services.  Excerpt follows:

Establishing performance measures involves three separate steps:

  1. what aspects should be measured?
  2. how should these be measured?
  3. what is the benchmark for good performance?

Risk – like the relay

Posted in Business, Consulting, Employee benefits, Financial controls, Governance, HR, Management, Operations, Outsourcing, Payroll, Pensions, Process, Risk with tags , , , on March 30, 2005 by katephiz

Article authored for Personnel Today explaining risk using the analogy of a relay race.  Excerpt as follows:

Generally, preventing a risk from arising involves simple, straightforward solutions, which can often be implemented at minimal cost. The consequences and cost of dealing with a risk after it has happened can be considerable.


However, as we have seen, many of the risks lie on the boundaries between departments and functions.

Budget for procurement advice

Posted in Consulting, Financial controls, Outsourcing, Press, Procurement with tags , , , , , , on July 15, 2004 by katephiz

Press comment on how much organisations should spend on third party procurement advice and which was reported in the trade press. The detailed comment included the following key advice:

… [they] should look to spend between 2.5% and 5% of fees over a five-year-contract on procurement consultancy …

LCP press release

Posted in Business, Consulting, Employee benefits, Management, Pensions, Press with tags , , , , , on April 1, 2004 by katephiz

Press release of my appointment to establish a management consulting service at Lane Clark & Peacock LLP.

Phizackerley and Sferrino join from KPMG and each has over 15 years’ pensions experience to bring to the practice. Kate has worked both in the public and private sector and her experience includes three years as an IT Director.