Investment market update – 31 March 2020

Over the month of March, it was hard to avoid the financial consequences of coronavirus with all but the most secure asset classes (government bonds and gold) falling in value. However, conditions improved significantly over the final days of the month and further information is provided in 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.