First Briefing, June 2025: DC megafunds

The Government is proposing a change that will require multi-employer Defined Contribution schemes to hold at least £25bn of assets in a megafund by 2030. The aim is to use pension savings to invest in the UK economy. In this briefing, we discuss this significant shift in pension policy

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.