First briefing, May 2018 – DC disclosure costs and charges regulations

Following the DWP’s 2017, the government has now issued regulations and guidance on the disclosure of cost and charge information relating to occupational money purchase benefits. This should make it easier to compare value for money between schemes. In this First Briefing, we take you through the key elements of the new regulations.

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.