Investment briefing, Q4 2018

As Defined Benefit pension schemes become increasingly mature, more and more of them are moving into negative cashflow, i.e. paying more out in benefits than they receive in contributions. This quarter James Gardner and Russell Oades from our investment team discuss the impact of moving into negative cashflow.

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.