The investment governance requirements of the Pensions Act apply to all fund managers, including fiduciary managers. Letting one organisation decide on your entire investment portfolio means placing a lot of trust in them.
It’s important to ensure that the right provider is selected and that they remain suitable over time. This calls for regular research and continuous monitoring.
We help trustees by putting an impartial adviser in place to oversee investment performance. Our experienced advisory and research teams can offer all the services you require to oversee your fiduciary manager:
We carry out a close assessment of the fiduciary manager’s portfolio. We look for evidence that the fiduciary manager is providing access to a broad range of asset classes, including alternative assets that would otherwise be difficult to obtain. We plot the performance of a fiduciary manager’s growth portfolio against equivalent fiduciary managers and diversified growth funds.
In our reports to clients, we separate out the various components of performance to help trustees understand the impact of specific decisions that the fiduciary manager makes.
Our analysis will gauge the impact of changes to your investment portfolio, highlight any problems you need to address, and help assess your fiduciary manager.
We are independently owned and have no ties to any fiduciary manager. We will review performance and costs and give you peace of mind by providing full and honest feedback.
We are well placed to carry out specialist assessment of fiduciary strategy, including credit, multi-strategy, illiquid markets and liability-driven investment.
We make sure that fiduciary offerings start off and remain fit for purpose so you get the best possible results at a reasonable price.
Get in touch with one of our fiduciary oversight specialists to discuss how we can help you.
We produce regular briefings to update trends on the latest market developments.
The advice we received was very helpful and the consultant took time to explain it to those for whom investment was not a strong point.
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Concerned about the risk of an Employer contribution increase as a result of high liabilities, Trustees of the Kennel Club Pension Fund turned to First Actuarial.
“They’re extremely professional and helpful. Their input always seems sound, logical and well presented. First Actuarial handled the transition well, they provide us with helpful guidance, and have delivered what they promised when they pitched for the work.”
The Communication Workers Union (CWU) enlisted the help of First Actuarial when Royal Mail proposed replacing its Defined Benefit pension fund with individual Defined Contribution arrangements.
“I can’t speak highly enough about First Actuarial – their people have been brilliant. The journey has been inspirational, nothing but a positive experience.”
As a result of an unusual clause in their trust deeds, Trustees of the pension scheme sponsored by the Society of British Aerospace Companies (SBAC) funded their liabilities on a buy-out basis.
“First Actuarial are very proactive. They respond quickly and get things done. They have proved to be competent and conscientious, and have a very professional and personable approach to business relations.”