First briefing, March 2018 – White Paper on protecting DB pension schemes

In March, Government published a policy paper on how it intends to increase the protections for DB scheme members and make improvements to the pensions system. This First Briefing gives a summary of the main themes of the proposals, with some comment and analysis from First Actuarial.

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.