We responded on the provisions in the Finance Bill relating to Collective Money Purchase arrangements (previously known as CDC schemes) as below more »»
We responded on the provisions in the Finance Bill relating to Collective Money Purchase arrangements (previously known as CDC schemes) as below
ACA registers concern that schemes who provide illustrative transfer values and/or an indication of the income this may provide outside the scheme may need to change their retirement process or risk providing advice. more »»
ACA registers concern that schemes who provide illustrative transfer values and/or an indication of the income this may provide outside the scheme may need to change their retirement process or risk providing advice.
ACA says the objectives of the dashboard will be better met by getting a reasonable amount of information available as quickly as possible, rather than waiting until almost everyone can expect to find all of their pensions. more »»
ACA says the objectives of the dashboard will be better met by getting a reasonable amount of information available as quickly as possible, rather than waiting until almost everyone can expect to find all of their pensions.
ACA supports efforts to conclusively resolve the issues with RPI. However, given how entrenched the use of RPI is in financial markets, we believe that any discussion to amend RPI should take into account the financial consequences to those exposed. more »»
ACA supports efforts to conclusively resolve the issues with RPI. However, given how entrenched the use of RPI is in financial markets, we believe that any discussion to amend RPI should take into account the financial consequences to those exposed.
The ACA’s response to this consultation was made online – see… more »»
The ACA’s response to this consultation was made online – see…
In our response to the DB Funding Code consultation, we are generally supportive of the proposals outlined in the consultation, but note that many of the key details are yet to be defined and these details are likely to make Read More ... more »»
In our response to the DB Funding Code consultation, we are generally supportive of the proposals outlined in the consultation, but note that many of the key details are yet to be defined and these details are likely to make Read More …
The Joint Industry Forum, consisting of the ACA, the Pensions Administration Standards Association, the PMI and the SPC raises with the Pensions Minister the potential impact of FCA Consultation GC 20/1 on pension scheme trustees’ ability to support pension scheme Read More ... more »»
The Joint Industry Forum, consisting of the ACA, the Pensions Administration Standards Association, the PMI and the SPC raises with the Pensions Minister the potential impact of FCA Consultation GC 20/1 on pension scheme trustees’ ability to support pension scheme Read More …
ACA strongly urges that these measures should be carefully targeted at the intended mischiefs and do not inadvertently restrict or damage the ability of many individuals who are not primarily tax advisers to provide professional advice in related areas, such Read More ... more »»
ACA strongly urges that these measures should be carefully targeted at the intended mischiefs and do not inadvertently restrict or damage the ability of many individuals who are not primarily tax advisers to provide professional advice in related areas, such Read More …
ACA welcomes the work of the PCRIG on developing guidance for pension schemes on considering climate risk and aligning to the TCFD recommendations and sets out suggestions to support wide adoption amongst UK pension schemes… more »»
ACA welcomes the work of the PCRIG on developing guidance for pension schemes on considering climate risk and aligning to the TCFD recommendations and sets out suggestions to support wide adoption amongst UK pension schemes…
The Association has broadly welcomed the intent behind the new IFoA Continuous Professional Development (CPD) scheme, whilst making a number of suggestions… more »»
The Association has broadly welcomed the intent behind the new IFoA Continuous Professional Development (CPD) scheme, whilst making a number of suggestions…
We are looking for essays of no more than 1,500 words on exploring innovative ideas to improve the provision, public understanding and take-up of longer-term and shorter-term pension and savings and/or overall savings adequacy at all levels of UK society. This must be presented in writing although entrants can support their essay with a video if they so wish.
The winner of the Essay Prize will receive an award of £3,000 and the two runners-up will receive awards of £1,500 each. The Winners will have the opportunity to present their entries at the ACA Bloomfield Lecture being held on 3 November 2026 at a central London venue.
The winning essay submission also will be published in The Actuary journal, alongside articles from leading writers working in the insurance, savings and pension industries from across the world.
Your essay must be:
The prize winners may be requested to grant permission for the ACA to have the right to publish or reproduce at any time all or part of the award-winning entries.
Your word count:
Use of generative AI tools: your essay must be your sole creation and original work. AI may be used for research, proofreading and checking spelling and grammar. If an entrant chooses to use generative AI, the entrant is responsible for checking the accuracy of the output. Entrants are not permitted to use any AI programme to write all or part of an essay to enter this competition. Any essay which has been written, in part or in whole, by ChatGPT or similar programmes will be excluded from the marking and judging process and ineligible. The view of the judges will be final.
References should be inserted using the Harvard style referencing system.
Reworked coursework, journals or articles: each essay must be an original piece of work written by the entrant for the competition without peer review or editing by anyone else. All essays must be the individual unpublished work of the entrant.
When the essay is submitted and at the date of the close of the competition, you must satisfy the following criteria:
The administration team and the judges have the final decision as to whether an essay is eligible. No correspondence will be entered into.
Essays will be evaluated for:
Judges for the competition will be drawn from senior professionals, academics and commentators working in the pensions and savings world.
The essay must be the sole creation and original work of the entrant. Entrants are expected already to be aware of and to follow any plagiarism guidance and policies of the academic and professional training institutions to which they currently belong or have belonged. The ACA guidance reproduces and adapts information from other such policies for the purposes of its Essay Competition. The ACA is grateful to both institutions for permission to do so.
Plagiarism occurs where an entrant copies from any other source (published or unpublished) in an unauthorised manner and attempts to present that work as if it were the entrant’s own in order to obtain an unfair advantage.
Examples of plagiarism include:
Quotations from recognised sources are usually acceptable but must be clearly acknowledged and a reference given for the source (i.e. sources must be cited). The following situations almost always require citation:
In the case of any doubt, citation is recommended.
The ACA may proactively seek out instances of plagiarism, for example by the use of an electronic plagiarism detection system or service to scan submitted essays.
Any entry which is found not to be the sole creation and original work of the entrant (“plagiarism”) will be disqualified from the 75th Anniversary ‘Future of Pensions’ Essay Competition.
Our purposes for processing your data: we will process your personal data for the purposes of administering this essay competition and (in the case of successful entrants) publicising and promoting future such competitions. Our lawful basis for this processing data is ‘legitimate interests’ on the basis that individuals would have a reasonable expectation that we will process the personal data they have provided, which include the provision of initiatives to support education and training and to promote innovation in actuarial and related fields. Please go to our privacy statement for more details.
Association of Consulting Actuaries
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Tel: 020 3102 6763 • www.aca.org.uk • david.robertson@aca.org.uk
