Employer briefing, Quarter 4 2020

In this briefing we highlight some of the key pension issues for employers for the final quarter of 2020, including analysis of the impact of Covid-19 and other tumultuous events on investment markets. The briefing focuses on key pension cost accounting issues to consider for 31 December 2020 year end.

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.