First briefing, February 2020 – Changes to RPI

The UK Statistics Authority (UKSA) is planning to amend the calculation of RPI to align it with CPIH. The Chancellor will issue a consultation as part of the 2020 Budget to gauge the impact and identify the RPI changes required. How will this affect pension schemes?

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.