First Briefing, January 2024: TPR’s new general code of practice

TPR’s general code of practice is expected to come into force on 27 March 2024. In this briefing, we give a summary of the new general code and outline what trustees need to do once the general code is in force and how they should prepare for that.

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.