First Briefing, August 2023: Contracted-out schemes

In this briefing, we set out the background and facts of the case of Virgin Media Ltd v NTL Pension Trustees II Ltd & Others. We also discuss what might happen next.

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.