The FAB (First Actuarial Best-estimate) Index shows the financial position of the UK’s 5,450 DB pension funds on a long-term basis, allowing for realistic future investment returns.

It is updated every month using data from the PPF 7800 Index, to help trustees better understand the likely value of fund liabilities.

(Click the colours below to filter graph results)

October 2019 – Commentary

First Actuarial’s Best estimate (FAB) Index remained broadly stable over the month to 31 October 2019, with the surplus in the UK’s 5,450 Defined Benefit (DB) pension schemes decreasing slightly from £415bn to £414bn.

Why has First Actuarial produced the FAB Index?

Find out why

How does First Actuarial produce the FAB Index?

Find out how
  • 2019

    Close

    FAB Index, 30 September 2019

    First Actuarial’s Best estimate (FAB) Index improved over the month to 30 September 2019, with the surplus in the UK’s 5,450 Defined Benefit (DB) pension schemes increasing from £409bn to £415bn.

    Read more

    FAB Index, 31 August 2019

    First Actuarial’s Best estimate (FAB) Index deteriorated slightly over the month to 31 August 2019, with the surplus in the UK’s 5,450 Defined Benefit (DB) pension schemes decreasing from £416bn to £409bn.

    Read more

    FAB Index, 31 July 2019

    First Actuarial’s Best estimate (FAB) Index improved over the month to 31 July 2019, with the surplus in the UK’s 5,450 Defined Benefit (DB) pension schemes increasing from £401bn to £416bn.

    Read more

    FAB Index, 30 June 2019

    First Actuarial’s Best estimate (FAB) Index improved over the month to 30 June 2019, , with the surplus in the UK’s 5,450 Defined Benefit (DB) pension schemes increasing from £387bn to £401bn.

    Read more

    FAB Index, 31 May 2019

    Read more

    FAB Index, 30 April 2019

    Read more

    FAB Index, 31 March 2019

    Read more

    FAB Index, 28 February 2019

    Read more

    FAB Index, 31 January 2019

    Read more
  • 2018

    Open

    FAB Index, 31 December 2018

    Read more

    FAB Index, 30 November 2018

    Read more

    FAB Index, 31 October 2018

    Read more

    FAB Index, 30 September 2018

    Read more

    FAB Index, 31 August 2018

    Read more

    FAB Index, 31 July 2018

    Read more

    FAB Index, 31 May 2018

    Read more

    FAB Index, 30 April 2018

    Read more

    FAB Index, 28 February 2018

    Read more

Do you have any more questions?

Contact us today for more information

Get In Touch

Subscribe to our briefings

Our briefings are rightly famous. Enjoy their unique combination of acerbic wit and pension insights.

Select Subscriptions

First Actuarial case studies

RSPB

The RSPB was determined to minimise the impact of its new defined contribution scheme on employees, and appointed First Actuarial to support the transition and select a provider with strong ethical values.

“I would definitely recommend working with First Actuarial. Their consultants went over and above the call of duty to make sure the project progressed smoothly.”

Read More...

The Kennel Club

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.”

Read More...

Bolton Cares

Taking responsibility for care services previously provided by a local authority, Bolton Cares turned to First Actuarial for help in setting up a competitive and affordable DC pension scheme for its staff.

“They’ve been really helpful and professional throughout the project, and we’ll use them again if we need specialist advice.”

Read More...
© 2018 First Actuarial | Site By Punch Creative