Bulk annuity briefing, Q1 2022

In this briefing, we discuss the importance of high quality and accurate membership data, and why schemes should collect marital data before approaching the insurance market. We also look at the latest update to the First Actuarial Bulk Annuity Index.

First Actuarial case studies

Usdaw

Trade union Usdaw selected First Actuarial to transform its scheme administration, resulting in improved quality and time-cost savings.

Southern Co-op

First Actuarial's fiduciary management consultants guided the trustees of Southern Co-op through their provider review, delivering fee savings.

Oil and Gas Industry

Oil and gas company DB scheme wind-up resulted in generous transfers for members and £3m surplus for employer, with First Actuarial’s help.