FAB Index, 29 February 2020

First Actuarial’s Best estimate (FAB) Index fell slightly over the month to 29 February 2020, with the surplus in the UK’s 5,422 Defined Benefit (DB) pension schemes decreasing slightly from £400bn to £397bn.

First Actuarial case studies

BSRIA

First Actuarial delivered a cost-effective new governance framework to meet the requirements of the general code of practice for the trustees of the BSRIA Pension Scheme.

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.