FAB Index, 31 August 2020 - First Actuarial

First Actuarial’s Best estimate (FAB) Index decreased slightly over the month to 31 August 2020, with the surplus in the UK’s 5,422 Defined Benefit (DB) pension schemes reducing from £328bn to £313bn.

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.