Independent schools briefing, Q3 2020

For independent schools that have decided to leave the TPS, the choice of a new Defined Contribution (DC) scheme is a key decision. This briefing looks at the process and some of the key considerations involved in selecting a new DC pension provider.

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.