Employer briefing, Quarter 1 2021

In this briefing we highlight key pension issues for employers from the first quarter of 2021, with a focus on pension cost accounting issues to consider for 31 March 2021 year end, particularly in the context of market changes.

First Actuarial case studies

Usdaw

Trade union Usdaw selected First Actuarial to transform its scheme administration, resulting in improved quality and time-cost savings.

Southern Co-op

First Actuarial's fiduciary management consultants guided the trustees of Southern Co-op through their provider review, delivering fee savings.

Oil and Gas Industry

Oil and gas company DB scheme wind-up resulted in generous transfers for members and £3m surplus for employer, with First Actuarial’s help.