Independent schools briefing, Q4 2020

In its response to consultaton over the introduction of a phased withdrawal option in the Teachers’ Pensions Scheme (TPS) for independent schools, the Government has expressed its intention to insert phased withdrawal into TPS regulations in spring 2021. This briefing outlines options for independent schools.

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.