Trade union briefing, Q4 2023

In this briefing we review the pension content of the Chancellor’s Autumn Statement, we examine a
proposed new role for the PPF, and we review upcoming auto-enrolment reform. We also discuss the impact of the cost of living crisis on pension savings and retirement

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.