First briefing, August 2019 – New duties for trustees

In our August First briefing, we look at the new stronger governance arrangements around investment duties which will apply to trustees and managers of occupational pension schemes from 10 December 2019.

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.