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:

Response to TPR Code of Practice 12 consultation

Our response to the TPR says it is important that this Code and its related guidance makes clear that most normal corporate activities will not be drawn into scope… more »»

Our response to the TPR says it is important that this Code and its related guidance makes clear that most normal corporate activities will not be drawn into scope…

29th June 2021 David Robertson

Welcome for commitment to deliver simpler benefit statements

We welcome the commitment to delivering simpler annual pension statements and the opportunity to comment on the draft regulations and statutory guidance. As noted in our responses to earlier stages of the consultation process, we have been strong advocates of Read More ... more »»

18th June 2021 David Robertson

ACA evidence on Pension Stewardship and COP26 to Work & Pensions Select Committee

We say that it is important that any new requirements on pension schemes are applied consistently with the other duties and responsibilities of pension scheme trustees and managers, and that they focus on achieving positive outcomes rather than be seen Read More ... more »»

16th June 2021 David Robertson

ACA responds to DWP on Consideration of social risks and opportunities by occupational pension schemes

We agree it is important for trustees to take financially material social factors into account in their investment decisions. However, the majority of schemes currently rely on fund managers to integrate their house views on the social factors to take Read More ... more »»

15th June 2021 David Robertson

ACA responds to HMRC on Raising standards in the tax advice market

We have responded to the consultation on Raising Standards in the Tax Advice Market welcoming any initiative to improve standards of advice, but pointing out concerns as to how advice given by actuaries on pension schemes is treated in regulatory Read More ... more »»

10th June 2021 David Robertson

Response PPF/TPR consultation on proposals to update the asset information collected from defined benefit schemes

We have responded to the joint consultation from the Pension Protection Fund (PPF) and The Pensions Regulator (TPR), commenting on the proposed changes to the asset class information to be provided annually by defined benefit (DB) schemes… more »»

9th June 2021 David Robertson

Pension scams Regulations: more time and guidance needed

In our response to the DWP consultation on regulations aimed at Pension scams: empowering trustees and protecting members we call for the reform to be accompanied by detailed guidance from the Pensions Regulator and for sufficient time to be given Read More ... more »»

28th May 2021 David Robertson

Response to FCA consultation on new UK prudential regime for MiFID investment firms

The proposals in CP 21/07 will impact different firms with ACA members in different ways… more »»

The proposals in CP 21/07 will impact different firms with ACA members in different ways…

25th May 202125th May 2021 David Robertson

ACA responds to TPR’s new code of practice

We have responded to the TPR’s consultation on the new code of practice in both a covering letter and an appendix answering questions posed in the consultation. more »»

We have responded to the TPR’s consultation on the new code of practice in both a covering letter and an appendix answering questions posed in the consultation.

13th May 202117th May 2021 David Robertson