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CDC is key for nascent cultural revolution – argues Hilary Salt in Professional Pensions

January 23, 2020

In a recent article in Professional Pensions, Hilary Salt looks at the aftermath of the 2019 general election. She observes a shift away from individual interests towards more collective issues, and explores what this might mean for pensions policy.
Read the article to see how this national mood change keys into the prospects for Collective Defined Contribution (CDC) pension schemes, in which First Actuarial is playing an instrumental role:
https://www.professionalpensions.com/opinion/4008843/cdc-key-nascent-cultural-revolution

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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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