Housing Briefing, August 2024: SHPS 2023 valuation results

In this briefing we discuss the results of the 30 September 2023 SHPS actuarial valuation. We outline the headline results, provide a potential timetable and recommend a number of actions for employers.

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.