Consultation Responses

Please find below links to Association responses to consultations conducted by Government Departments and other bodies. Providing input and comment on public policy and topical issues is one of the principal roles of the Association. These responses to a wide range of government departments, regulatory and other bodies are archived below in date order:

ACA responds to climate related governance and reporting consultation

We have responded to the TPR’s consultation on climate related governance and reporting as follows: more »»

We have responded to the TPR’s consultation on climate related governance and reporting as follows:

31st August 202131st August 2021 David Robertson

ACA says key changes are needed in regulations if CDC schemes are to prosper

In our response to the DWP consultation on Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2021 we have said it is essential that CDC scheme designs incorporating age related accrual rates and age-related contribution rates (in a single section) Read More ... more »»

19th August 2021 David Robertson

ACA responds to HMT Public services pensions cost control mechanism consultation

We have responded to the HMT consultation as follows: more »»

We have responded to the HMT consultation as follows:

19th August 2021 David Robertson

ACA responds to consultation on Public Service Pensions discount rate methodology

The Association’s Pensions in Public Services (ACA PiPS) Committee, which monitors developments and makes representations on pension arrangements for those working in public services, makes recommendations on the future of the SCAPE discount rate: more »»

29th July 202130th July 2021 David Robertson

ACA responds to paper on the case for greater DC consolidation

We do not agree that schemes should be required to consolidate, or nudged down this path, if they are well governed and consistently able to demonstrate that they deliver good value for their members. For more comment see… more »»

28th July 2021 David Robertson

ACA response to TPR/FCA paper on the Pensions Consumer Journey

We consider this call for input a helpful step in the right direction towards helping pension scheme members to make sense of their pension arrangements and to make good decisions at the right time. Our comments are as below: more »»

19th July 202121st July 2021 David Robertson

SIPPs and SSASs – supplemental ACA Response to Consultation on The Occupational and Personal Pension Schemes (Conditions for Transfer) Regulations 2021

We provided a response on 9 June 2021 which provided our overall response to the regulations covering mainstream pension schemes and this supplemental letter in no way conflicts with what we say there. On further reflection, we raise the particular Read More ... more »»

16th July 2021 David Robertson

ACA responds to permitted charges within DC schemes consultation

The ACA wholly supports pension savers receiving good value, and we believe that facilitating ease of comparison across different pension providers and charging structures is important. As we have stressed in previous responses to consultations and calls for evidence on Read More ... more »»

7th July 2021 David Robertson

Response to BEIS consultation on regulation of actuarial work

We support the high level principles behind the proposed regime. We also support the aim of enhancing public confidence in the sector and in the work undertaken by actuaries. In particular, we note that the consultation is not recommending a Read More ... more »»

1st July 2021 David Robertson

Response to IFoA consultation on a new Practising Certificate scheme

Our response to the IFoA consultation supports the idea to assess competency rather than experience, and the proposal for less focus on annual renewals with a slightly greater focus on triennial renewals. Given the absence of practical details at this Read More ... more »»