Arthur J. Gallagher Acquires First Actuarial in Major UK Pensions Play – What It Means for Trustees, Employers and the Market
Arthur J. Gallagher & Co. has moved to deepen its presence in the UK pensions and benefits market with the acquisition of specialist consultancy First Actuarial, in a deal announced on 2 December 2025 and widely analysed on 3 December.PR Newswire+1 The transaction, for an undisclosed sum, adds a multi‑office UK pensions administrator and consultancy to Gallagher’s rapidly expanding European platform and comes against the backdrop of record activity in the UK pension risk transfer and bulk annuity markets.
