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 evidence call on Looking to the future: greater member security and rebalancing risk

The key points we make relate to the “pot for life” initiative. While we remain open minded on the potential attractions of such a model, we do have a number of key concerns outlined in our response below… more »»

5th January 202410th January 2024 David Robertson

ACA responds to evidence call on Pension fund clearing exemption

We responded to the evidence call by noting that if the exemption was to expire then it is likely to create operational burdens and bottlenecks to implement and we believe on balance it will bring more costs than benefits. In Read More ... more »»

1st December 2023 David Robertson

ACA responds to FRC AS TM1: Statutory Money Purchase Illustrations consultation

We have responded to the above consultation on the proposed version 5.1 of AS TM1 as below: . more »»

We have responded to the above consultation on the proposed version 5.1 of AS TM1 as below: .

30th November 2023 David Robertson

ACA responds to Considering Social Factors in Pension Scheme Investments consultation

We have responded to the consultation on the Guide from the Taskforce on Social Factors. We have provided our thoughts on the overall guide in the letter below: . more »»

We have responded to the consultation on the Guide from the Taskforce on Social Factors. We have provided our thoughts on the overall guide in the letter below: .

2nd November 20232nd November 2023 David Robertson

ACA opts for General Levy option 2 whilst bemoaning lack of transparency on emerging deficit

Responding to the DWP Occupational and Personal Pension Schemes (General Levy) Regulations review 2023, we favour option 2 of those put forward, whilst bemoaning the lack of transparency on how the Levy deficit has emerged. We are highly critical about Read More ... more »»

25th October 2023 David Robertson

Response to PPF 2024/25 Levy consultation

Responding to the consultation, we say we believe the current legislative framework is not fit for purpose and should be updated as soon as possible to remove the current restrictions, particularly the need to increase the total levy by no Read More ... more »»

3rd October 20234th October 2023 David Robertson

ACA letter to HMRC on LTA Abolition (fourth in series)

See below a copy of our fourth letter to HMRC on this issue: more »»

See below a copy of our fourth letter to HMRC on this issue:

27th September 20234th October 2023 David Robertson

ACA response to FCA consultation on Vote reporting template for asset managers

See below our response to this FCA consultation: more »»

See below our response to this FCA consultation:

12th September 2023 David Robertson

ACA third letter to HMRC on Abolishing the pensions lifetime allowance consultation

We submitted the third wing of our response to the HMRC consultation on Abolishing the pensions lifetime allowance published on 18 July 2023 and the newsletter 152 issued on 20 July 2023. Following our previous two letters on 17 August (see Read More ... more »»

5th September 2023 David Robertson

ACA responds to Mansion House evidence calls and consultations

The Association has responded to the four evidence calls and consultations published by HMT and/or DWP following the Chancellor’s Mansion House speech in July outlining a number of pension challenges and opportunities. Copies of the responses on Options for DB Read More ... more »»