ACA welcomes ‘Superfunds’ consultation but stresses simplification is key to success

Jenny Condron, Chair of the Association of Consulting Actuaries (ACA), says the ACA is, in principle, supportive of DB consolidation as a means of improving the governance, and reducing the running costs, of many small schemes, but simplification is key Read More ... more »»

Jenny Condron, Chair of the Association of Consulting Actuaries (ACA), says the ACA is, in principle, supportive of DB consolidation as a means of improving the governance, and reducing the running costs, of many small schemes, but simplification is key Read More …

Simplifying schemes can build on GMP conversion benefits says ACA Chair

We believe that, with industry support for one, common reference scheme, all of our upcoming work on GMP equalisation could be broadened out such that GMP conversion extends to the whole of a member’s benefits.  As a result, all of Read More ... more »»

We believe that, with industry support for one, common reference scheme, all of our upcoming work on GMP equalisation could be broadened out such that GMP conversion extends to the whole of a member’s benefits.  As a result, all of Read More …

New Research Makes the Case for ‘Radical Simplification’ of Defined Benefit Pension Rights

A new paper published today by the Association of Consulting Actuaries and Royal London argues that consumers and employers could reap substantial benefits if the complex patchwork of defined benefit pension rights could be radically simplified.   more »»

A new paper published today by the Association of Consulting Actuaries and Royal London argues that consumers and employers could reap substantial benefits if the complex patchwork of defined benefit pension rights could be radically simplified.  

ACA welcomes Chancellor’s decision not to reduce pension tax reliefs

With confidence in the pension tax regime at a low ebb, prior to the Budget the ACA called for no further reductions in pension tax relief.  The Budget Statement was welcomed.  more »»

With confidence in the pension tax regime at a low ebb, prior to the Budget the ACA called for no further reductions in pension tax relief.  The Budget Statement was welcomed. 

ACA survey finds support for more targeted TPR powers and greater flexibility for DB schemes in Pensions Bill

The ACA’s 2018 Pension trends survey has found a substantial majority of employers comfortable with the Pensions Regulator having more targeted powers alongside greater flexibility for DB schemes to reduce pension increases more »»

The ACA’s 2018 Pension trends survey has found a substantial majority of employers comfortable with the Pensions Regulator having more targeted powers alongside greater flexibility for DB schemes to reduce pension increases

ACA Survey finds Chancellor has employer support to calmly review and simplify pension tax regime post-BREXIT

The second report in a series exploring the findings of the 2018 ACA Pension trends survey has found strong employer support for reform to the current pension tax regime.  The ACA says reform should be calmly undertaken…the present regime is not Read More ... more »»

The second report in a series exploring the findings of the 2018 ACA Pension trends survey has found strong employer support for reform to the current pension tax regime.  The ACA says reform should be calmly undertaken…the present regime is not Read More …

Stronger TPR powers – response welcomes direction of travel, but questions lack of reasons behind certain proposals and unforeseen consequences of others…

21 August 2018:  In its response to the consultation on stronger powers for the Pensions Regulator, the Association of Consulting Actuaries (ACA), whilst expressing ‘support for the direction of travel’, is critical of certain sections that have hardly any policy Read More ... more »»

21 August 2018:  In its response to the consultation on stronger powers for the Pensions Regulator, the Association of Consulting Actuaries (ACA), whilst expressing ‘support for the direction of travel’, is critical of certain sections that have hardly any policy Read More …

ACA response identifies weaknesses tackling pension scams and key areas where greater co-operation is needed between TPR and FCA 

20 June 2018:  In its response to the TPR/FCA joint strategy consultation paper Regulating the pensions and retirement income sector: Our strategic approach, the Association of Consulting Actuaries (ACA) says it opposes the ‘massive disruption’ that would be involved in Read More ... more »»

20 June 2018:  In its response to the TPR/FCA joint strategy consultation paper Regulating the pensions and retirement income sector: Our strategic approach, the Association of Consulting Actuaries (ACA) says it opposes the ‘massive disruption’ that would be involved in Read More …

ACA questions key White Paper pension reforms

29 May 2018: The Association of Consulting Actuaries (ACA) has questioned the value of a number of the proposals in the Defined Benefit Pensions White Paper in its evidence to the Work & Pensions Select Committee Inquiry.     In summary, Read More ... more »»

29 May 2018: The Association of Consulting Actuaries (ACA) has questioned the value of a number of the proposals in the Defined Benefit Pensions White Paper in its evidence to the Work & Pensions Select Committee Inquiry.     In summary, Read More …

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