Trade union briefing, Q2 2021

We look at proposed new anti-scam powers for trustees. We cover Government proposals to make benefit statements more user-friendly, and renewed calls to review pensions tax relief. We discuss the Regulator’s Annual Funding Statement, And we examine opposition to RPI reforms from trustees of three of the UK’s biggest schemes.

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.