Companies Act Statement
First Actuarial LLP is a limited liability partnership registered in England and Wales with registered number OC348086 and VAT number 974 8993 37.
All partners and founders are members of First Actuarial LLP. A list of members names is available for inspection at our registered office, Mayesbrook House, Lawnswood Business Park, Leeds, LS16 6QY.
The firm is regulated by the Institute and Faculty of Actuaries (https://www.actuaries.org.uk) in respect of a range of investment business activities. The firm is not authorised under the Financial Services and Markets Act 2000 but we are able in certain circumstances to offer a limited range of investment services to clients because we are licensed by the Institute and Faculty of Actuaries. We can provide these investment services if they are an incidental part of the professional services we have been engaged to provide.
If applicable, the terms of the Engagement Letter will take precedence over the Terms in the event of any conflict or ambiguity.
The term First Actuarial or “us” or “we” or “our” refers to First Actuarial LLP. The term “you” refers to the user or viewer of the Website.
If you do not agree to these Terms you should not use the Website.
You are permitted to use the Website solely for your own business or personal purposes. You may only download or print content from the Website for your personal use or the personal use of others in your organisation in the normal course of business. You shall in no circumstances use the Website to provide third parties with data or services, or otherwise disseminate, publish or provide outputs from the Website to third parties in any form (whether or not integrated or combined with data from other sources) except with the express written permission of First Actuarial.
You are not permitted to rent, lease, sub-license, loan, copy, modify, adapt, merge, translate, reverse-engineer, decompile, disassemble or create derivative works based on the whole or any part of the Website or its associated software or to interfere with any technical measures supplied with or forming part of the Website and intended to protect its operation.
You must not use the Website for any unlawful or fraudulent purposes. You must not misuse the Website by introducing viruses, Trojans, worms, logic bombs or other material which is malicious or technologically harmful. In particular, you must not access without authority, interfere with, damage or disrupt the Website or any part of it; any equipment or network on which the Website is stored; any software used in connection with the provision of the Website; or any equipment, software or website owned or used by a third party. You must not attack the Website via a denial-of-service attack.
Your password is personal to you and you agree to keep any password used on the Website confidential. You agree that we will not be responsible for any activity on the Website resulting from a third party gaining access to your password.
Except for your property the documents, images and information on the Website are our property and are copyright protected. All software used on the Website is our property or our software suppliers’ and is copyright protected.
We have the right to disable your access at any time if in our opinion you have failed to comply with these Terms.
Through the Website you may be able to link to other websites which are not under the control of First Actuarial. We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
2. Client and Third Party Documents and Information
All documents and information provided by you to us for uploading to the Website are your property and we will keep these confidential in line with any applicable Engagement Letter. We may also receive documents from third parties that we may upload to the Website. These will remain the property of the third party, unless otherwise agreed between us and them or you and them.
3. Changes to the Website
If the need arises, we may suspend access to the Website, or close it indefinitely to perform maintenance or repairs or to add new features or functionality. Any of the material on the Website may be out of date at any given time, and we are under no obligation to update such material except to the extent agreed to in any applicable Engagement Letter.
The material displayed on the Website is provided ‘as is’ without any guarantees, conditions or warranties as to its accuracy completeness or availability. To the extent permitted by law, we hereby expressly exclude:
All conditions, warranties and other terms which might otherwise be implied by statute, common law or the law of equity.
Any liability for any direct, indirect or consequential loss or damage incurred by you in connection with Website or in connection with the use, inability to use, or results of the use of the Website, any websites linked to it and any materials posted on it, including, without limitation any liability for:
- loss of income or revenue
- loss of use or business
- loss of profits or contracts
- loss of anticipated savings
- loss of data
- loss of goodwill
- wasted management or office time, and
- for any other loss or damage of any kind, however arising and whether caused by tort (including negligence), breach of contract or otherwise, even if foreseeable.
This does not affect our liability for death or personal injury arising from our negligence, nor our liability for fraudulent misrepresentation or misrepresentation as to a fundamental matter, nor any other liability which cannot be excluded or limited under applicable law.
If the Website contains modelling tools or other similar functions (together the “Tools”), we do not have control over the way in which you use such Tools or how you may apply any results. We exclude our liability for any financial or other losses (whether direct or indirect) you suffer in connection with your use of the Tools. You must not rely on the results of your use of the Tools in making any financial decisions or producing accounting disclosures and should always take professional advice before taking any action.
Whilst we take every care to ensure that the Website and the content on it is free from viruses, spyware and other harmful computer programs you should ensure that you have appropriate safeguards in place. We do not accept any liability for any loss or damage to your computer, software or IT systems as a result of using the Website or accessing any content on it. We do not warrant that the Website or any content will be compatible with your software or hardware. Neither do we accept liability in respect of losses or damages arising out of changes made to the content of the Website by unauthorised third parties.
Every effort is made to keep the Website up and running smoothly. However, First Actuarial takes no responsibility for and will not be liable for the Website being unavailable due to technical issues.
Your use of the Website will be terminated if you breach these Terms or if any applicable Engagement Letter is terminated or expires.
We may also remove the Website permanently for any reason but will give you written notice that we intend to do this.
In the event of termination we will return to you, at your request, any documents you have provided in connection with this matter and any other papers to which you are entitled under any applicable Engagement Letter.
We may revise these Terms at any time by amending this page. You are expected to check this page from time to time to take notice of any changes we make, as they are binding on you. Some of the provisions contained in these Terms may also be superseded by provisions or notices published elsewhere on our site.
8. Intellectual Property Notice
We are the owner or licensee of all intellectual property rights in the Website including copyright, trademarks, and trade names and logos except in respect of any intellectual property rights in material provided by you. We reserve all our rights.
9. Governing Law
These Terms and any dispute or claim arising out of or in connection with it or its subject matter, whether of a contractual or non-contractual nature, shall be governed by and construed in accordance with the law of England and Wales and the parties submit to the exclusive jurisdiction of the English Courts.
First Actuarial does not provide financial advice to individuals. If you are in any doubt about the course of action you should take, you should consider seeking financial advice.
If you do not have a financial adviser, the FCA website provides information in relation to finding an independent financial adviser at (https://www.fca.org.uk/consumers/finding-adviser). A list of independent financial advisers can also be found at (http://www.unbiased.co.uk).
First Actuarial are not specialists in tax, or tax law. If you are in any doubt about the course of action you should take, you should consider contacting a tax adviser.
Gender Pay Gap information
We are publishing information on our gender pay gap in line with the UK government’s regulations.
The gender pay gap measures the difference in hourly rates of pay and bonus pay for all male and female employees regardless of role or seniority.
Our median pay gap is 22% and mean pay gap is 30%.
Our median bonus pay gap is 43% and mean bonus pay gap is 47%.
88% of male employees and 85% of female employees received bonus pay.
Hourly rates of pay are calculated as at 5 April 2018 and bonus pay is calculated on bonus pay received in the 12 months to 5 April 2018.
The proportion of male and female employees in each pay quartile is as follows:
|Upper Middle Quartile||64%||36%|
|Lower Middle Quartile||36%||64%|
We confirm First Actuarial LLP’s gender pay gap calculations are accurate and meet the requirements of the Equality Act 2010 (Gender Pay Gap Information) Regulations 2017.
David Joy, Founder
First Actuarial LLP