What our clients say
"Having recently appointed First Actuarial, we have, within a short period of time,
reviewed and assessed all aspects of our Company's pension fund. We have been most
impressed with their efficient, professional approach and would have no hesitation
in recommending their services to any potential customer."
David Brunton Managing Director
Benefit Review and Scheme Design
Our benefit review service evaluates your current pension arrangements and suggests
alternatives to help you find the best solution for the various stakeholders (i.e.
the employer, the employees, shareholders etc).
We can consult on a full range of options for your pension scheme - including final
salary, cash balance, occupational defined contribution and "off the shelf" solutions
such as stakeholder plans. We have experience of all types of scheme and have the
knowledge to guide you to the right scheme for your needs.
Our experience has shown that many employers persist with inefficient, inappropriate
and sometimes costly aspects of scheme design. Our benefit review highlights where
changes could be made, the benefits those changes would bring and sets out the process
for implementing the changes.
Should you decide to modify your scheme design, we will work with you to implement
changes as quickly and efficiently as possible. We have a vast amount of experience
in helping with the communications process involved
with making changes and negotiating with trustees. Following, or as part of any
changes, we are also well placed to advise on strategies to
reduce liabilities or manage down a closed scheme.
To talk to one of our experienced actuaries about our benefit reviews please
contact your local First Actuarial office.