Independent schools briefing, Q2 2021

Independent schools offer a diverse range of Defined Benefit pensions to teaching and non-teaching staff. In this briefing, we summarise those various DB arrangements and provide more information for those who require further details.

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.