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    Independent schools briefing, Q2 2020

    The effective date of the Teachers’ Pension Scheme (TPS) valuation is 31 March 2020, with implementation planned for 2023. The valuation could result in higher costs for schools if changes are made to the SCAPE discount rate – the most important actuarial assumption behind the valuation. This briefing provides a...

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    Independent schools briefing, Q1 2020

    The pensions issues facing independent schools are not going away and may become more urgent as schools experience significant pressure on fee income. When is the right time to address your pension concerns? To help you decide what is best for your school, we’ve put together a traffic light framework...

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First Actuarial case studies

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.”

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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.”

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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.”

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