Housing briefing, October 2020 – LGPS – Do you have to exit through the gift shop?

In our August briefing, we outlined new flexibilities offering housing associations an alternative exit route out of the LGPS.

With new legislation in place, this briefing considers the potential options available when planning to end benefit accrual. Is this a chance to exit via a conveniently open side-door rather than through the expensive gift shop?

Finally, we are speaking at the Just Housing Conference 2020 organised by Brabners LLP. Registration details are shown at the end of this briefing.

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.