Housing briefing, April 2024: TPT changes to DC schemes

TPT Retirement Solutions announced changes to the Defined Contribution (DC) schemes they run in a recent communication to employers. In this briefing, we outline the developments proposed and what they mean for employers and members.

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.