FAB Index, 31 May 2020 - First Actuarial

First Actuarial’s Best estimate (FAB) Index fell over the month to 31 May 2020, with the surplus in the UK’s 5,422 Defined Benefit (DB) pension schemes decreasing from £426bn to £408bn.

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.