Housing briefing, November 2022

There remains some uncertainty around the validity of historical SHPS changes, interpretation of those changes, and the administering of benefits. This briefing provides an update on the SHPS benefit review and the views of the specialist housing team at First Actuarial.

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.