Housing briefing, June 2022

The Trustee of the Social Housing Pension Scheme (SHPS) is going to court for a ruling on whether they have been paying the correct benefits to members. This means uncertainty for members and potential additional liabilities for employers to fund. We explain the key issues and why they matter.

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.