Peter Crutchett FIA ASA

Peter was a consulting actuary specialising in occupational pension schemes on a global basis, being a strategic thinker with strong analytical skills to identify practical solutions for clients, particularly in connection with financial risks.

The first in his family to attend university, Peter gained a place at Churchill to read mathematics.  After graduating he joined Lane, Clark & Peacock as an actuarial student in 1973, qualifying as an actuary in four years.  He then became Assistant Manager at Victory Insurance Company assisting companies in the Middle East, Southern Europe and North Africa to develop and sell employee benefit insurance products, with Victory reinsuring a significant part of the risk.

Peter became a Principal Actuary at MPA Ltd in 1982 and then joined Wigham Poland Employee Benefits Ltd in 1984 to establish an actuarial department.  On acquisition of the business by Sedgwick in 1985 Peter was appointed as Director in charge of consulting, actuarial and administration services to pension schemes in the Southeast region, becoming the company’s expert in the treatment of pensions under US accounting standards.

In 1987 Peter moved to become a Principal Consultant at KPMG, creating a new pensions consulting practice and in 1993 was appointed a Partner in KPMG LLG, devising due diligence services for pension arrangements that complemented the firm’s financial advisory services on global corporate transactions.  He retired from the partnership in March 2004.

Peter represented KPMG on the Council of the Society of Pension Consultants for eight years and played a significant role in in formulating the Society’s responses to government on proposals to amend pensions legislation, including the Pensions Act 1995, the Myners review of investment and the simplification proposals.  In addition, he had two periods as a representative of the Society on the Occupational Pension Schemes Joint Working Group and a two-year term as Chairman of the European sub-committee.  He was also involved in a working party established by the DSS to develop best practice guidelines for pension schemes.

Before retiring for the second time Peter became a Trustee of St Francis Hospice at Havering-atte-Bower in Essex.  He devoted the last 20 years to this cause and had been Chair for the last 5 years, making a significant contribution to its development and leading it through the very difficult Covid years. He was passionate about the hospice movement and used all his skill, wisdom and knowledge to further the cause of something so dear to his heart.  It was a far from easy job but he approached it with his usual calm, steady hand.

Peter was a member of the Worshipful Company of Actuaries, and for three years led and helped re-shape their Charitable Committee.

Aside from his charitable commitments he was an enthusiastic golfer and enjoyed taking part in the annual Churchill alumni golf day, being a winner on more than one occasion.

He leaves a wife, Lindsey, two sons and three grandchildren.