ACA survey into trustee skills informs our response to the evidence call

Following the HMT/DWP evidence call on Trustee skills, capability and culture, 208 trustees and consultants responded to our research survey on trustee skills and capabilities conducted in the summer of 2023 and which helped inform our response to the evidence Read More ... more »»

Following the HMT/DWP evidence call on Trustee skills, capability and culture, 208 trustees and consultants responded to our research survey on trustee skills and capabilities conducted in the summer of 2023 and which helped inform our response to the evidence Read More …

ACA responses to consultation: Draft legislation published for Finance Bill 2023-24: Abolishing the LTA

We responded to the HMRC consultation on Abolishing the pensions lifetime allowance published on 18 July 2023 and the newsletter 152 issued on 20 July 2023. The first response (attached below) focuses on an overall timing point, and issues of policy Read More ... more »»

We responded to the HMRC consultation on Abolishing the pensions lifetime allowance published on 18 July 2023 and the newsletter 152 issued on 20 July 2023. The first response (attached below) focuses on an overall timing point, and issues of policy Read More …

We welcome HMRC’s reassurance there is no intention to expand Freedom and Choice to defined benefit schemes by the backdoor – but asks for more clarity

Today we warned technical tax documents released by HM Treasury earlier this week – designed to eliminate references to the soon-to-be defunct Lifetime Allowance by 6 April 2024- have created a tax limbo for defined benefit schemes and their members.  Read More ... more »»

Today we warned technical tax documents released by HM Treasury earlier this week – designed to eliminate references to the soon-to-be defunct Lifetime Allowance by 6 April 2024- have created a tax limbo for defined benefit schemes and their members.  Read More …

ACA welcomes new policy innovations but cautions on hasty development of reforms

We responded to the Chancellor’s Mansion House speech and welcomed innovations that encourage reforms to the pensions regime and structure that genuinely enhance pension outcomes for savers.   But we cautioned the Chancellor and DWP to ‘take the industry with them’ Read More ... more »»

We responded to the Chancellor’s Mansion House speech and welcomed innovations that encourage reforms to the pensions regime and structure that genuinely enhance pension outcomes for savers.   But we cautioned the Chancellor and DWP to ‘take the industry with them’ Read More …

ACA comments on the Work and Pensions Select Committee’s report on LDI

The Select Committee’s findings of “significant weakness in the ability of pension schemes to manage risk” seems completely at odds with the rude health that most UK private scheme find themselves in – with funding levels at unprecedented highs and Read More ... more »»

The Select Committee’s findings of “significant weakness in the ability of pension schemes to manage risk” seems completely at odds with the rude health that most UK private scheme find themselves in – with funding levels at unprecedented highs and Read More …

Response to HMRC on Draft No.2 regulations relating to McCloud Remedy

Our response is exclusively focused on the impacts for private sector occupational pension schemes (OPSs) by the legislation, because we believe this will be subject to least scrutiny by typical respondents.  more »»

Our response is exclusively focused on the impacts for private sector occupational pension schemes (OPSs) by the legislation, because we believe this will be subject to least scrutiny by typical respondents. 

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