What's Happening?
First Actuarial, a wealth management and pensions consultancy, has reported a record revenue of £45 million for the 2024-2025 financial year. This marks three consecutive years of double-digit growth, driven by a client-first approach and a people-centered ethos. The firm has seen significant growth across all business areas, with its administration function now representing 40% of the overall business. The company plans to expand its graduate program to sustain growth and attract new talent.
Why It's Important?
First Actuarial's success highlights the effectiveness of a client-focused strategy in driving business growth. The firm's ability to maintain high retention rates and expand its workforce underscores the importance of employee satisfaction in achieving business objectives. The planned expansion of the graduate program is a strategic move to address the national decline in graduate recruitment and secure a competitive edge in the consulting sector. This growth trajectory positions First Actuarial as a key player in the industry, capable of attracting new clients and talent.
