Response to pension tax relief administration call for evidence
We think that any approach that is used to resolve the anomalies between net pay and RAS, must be consistent with the government’s anticipated long-term direction of travel on pensions tax. more »»
We think that any approach that is used to resolve the anomalies between net pay and RAS, must be consistent with the government’s anticipated long-term direction of travel on pensions tax.
Public service pensions – changes to transitional arrangements to 2015 schemes
Public service pension schemes – response to consultation on changes to the transitional arrangements to the 2015 schemes.. more »»
Public service pension schemes – response to consultation on changes to the transitional arrangements to the 2015 schemes..
ACA expresses concerns in response to Public Service Pensions consultation
Amongst other doubts, our response expresses a concern that those members in the period to 31 March 2022 who are not covered will constitute a later claim requiring a further backdating exercise. This is a possibility, as the cost of Read More ... more »»
Amongst other doubts, our response expresses a concern that those members in the period to 31 March 2022 who are not covered will constitute a later claim requiring a further backdating exercise. This is a possibility, as the cost of Read More …
ACA Calls for sharper focus on value for members, not just cost
The ACA has published responses to the Government’s “Review of the Default Fund Charge Cap and Standardised Cost Disclosure: Call for Evidence” and the FCA’s Consultation on Driving Value for Money in Pensions. more »»
The ACA has published responses to the Government’s “Review of the Default Fund Charge Cap and Standardised Cost Disclosure: Call for Evidence” and the FCA’s Consultation on Driving Value for Money in Pensions.
ACA responds to FCA paper on driving value for money in pensions
The proposed elements (Charges & Costs, Investment Performance, and Services) are a good starting point to assess value for money (VFM) and provides consistency of assessments in terms of core factors. However, it will be important to compare like with Read More ... more »»
The proposed elements (Charges & Costs, Investment Performance, and Services) are a good starting point to assess value for money (VFM) and provides consistency of assessments in terms of core factors. However, it will be important to compare like with Read More …
ACA responds to HMRC on Finance Bill relating to CDC schemes
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 says don’t stop trustees helping members
In our response to the FCA’s consultation on advising on pension transfers (GC20/1) the ACA says it has significant concerns over the comments regarding illustrative figures. more »»
In our response to the FCA’s consultation on advising on pension transfers (GC20/1) the ACA says it has significant concerns over the comments regarding illustrative figures.
ACA responds to FCA consultation on advising on pension transfers
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.
Pensions Dashboards data standards
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 responds to consultation on RPI
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.
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