Defined Contribution services
Managing your Defined Contribution pension scheme with First Actuarial
We are First Actuarial and we’re on your side.
We help employers like you manage their Defined Contribution arrangements, and support your people with their retirement decisions.
Managing a Defined Contribution scheme can be risky, and any problems fall too easily on ordinary people. At First Actuarial, we research all the main Defined Contribution providers and master trusts. We can then optimise your Defined Contribution arrangements, reduce the risks and safeguard funds and savings.
No one works harder to improve Defined Contribution schemes. We work with government, industry bodies, providers and employers to make pension outcomes better for everyone.
Defined contribution pension schemes – This is what we do to help
We renovate workplace pension schemes
Many Defined Contribution schemes are derelict when First Actuarial arrives. We know what a good pension scheme looks like. We’ll overhaul yours and promote it to your people, so you can be proud of your workplace pension.
We’re the human face of pensions
Pensions are about people. We’re set up to talk with your staff and restore their confidence in your pension scheme. We’ll provide the information they need and explain it to them so they can make informed decisions about their options.
We’re experts in auto-enrolment
We’re the only consultant in the Payroll Top 50. We set up the Pension PlayPen to help compare pensions, and we’ll give affordable support to tens of thousands of small employers this year.
We’re good at governance
We deliver compliant and cost-effective pension solutions. The Pensions Regulator and the FCA keep a watchful eye on your pension provision. We won’t just keep you compliant ‒ we’ll give you first-rate and cost-efficient governance.
We help improve DC pensions
No one works harder to improve Defined Contribution pension schemes. We work with government, industry bodies and providers to make pension outcomes better for everyone.
And this is what we don’t do
We don’t charge commission
We have no in-house master trust to promote
We’re not an IFA ‒ we won’t sell services to your members
We don’t cross-sell or upsell at every opportunity
We have no middleware to peddle
We’re not dogmatic ‒ our approach is flexible and practical
4 steps to DC pension scheme heaven
If you’re running a workplace pension, the chances are it’s a Defined Contribution scheme. We can set you on the path to pension scheme heaven with these 4 steps:
Choose the right workplace pension for you and your people
Make sure everyone knows how the investment default works
Put robust governance measures in place, and keep records
Keep your people engaged with their accumulating pension pot
I would definitely recommend working with First Actuarial. Their consultants went over and above the call of duty to make sure the project progressed smoothly. In all areas – overall project and strategy scoping, Defined Contribution scheme and investment fund advice – the support has been exemplary.
– Claire Beesley, Project Manager, RSPB
Find out more about our Defined Contribution services
Download our Defined Contribution brochure.
First Actuarial case studies
Publisher Hachette UK turned to First Actuarial to make scheme administration more efficient and improve staff engagement with pensions.Read More...
First Actuarial helped RSPB wind up its DB scheme and select a DC provider with strong ethical values to meet all employees’ concerns.Read More...
Care services company Bolton Cares turned to First Actuarial to help set up a competitive and affordable DC pension scheme for its staff.Read More...