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 DWP draft Funding & Investment Strategy Regulations

We welcome the objective behind the regulations, but we have significant concerns that the proposed legislation is insufficiently flexible and reduces the ‘scheme specific’ element of the current funding regime – replacing it with an industry standard approach, only permitting Read More ... more »»

14th September 202215th September 2022 David Robertson

ACA response to HMRC consultation on taxation of Collective Money Purchase Schemes

Find below our response to the HMRC consultation on the amending legislation concerning the taxation of collective money purchase schemes… more »»

Find below our response to the HMRC consultation on the amending legislation concerning the taxation of collective money purchase schemes…

13th September 2022 David Robertson

ACA submits evidence to Treasury Select Committee on Tax Reliefs

Find below a copy of our evidence to the Treasury Select Committee Inquiry on Tax Reliefs… more »»

Find below a copy of our evidence to the Treasury Select Committee Inquiry on Tax Reliefs…

9th September 2022 David Robertson

ACA response to FRC consultation on Technical Actuarial Standard 100

The Association has responded to the FRC consultation on TAS 100 as follows: more »»

The Association has responded to the FRC consultation on TAS 100 as follows:

31st August 2022 David Robertson

ACA representations re draft legislation on Pensions relief relating to net pay arrangements

Find below our representations concerning the draft legislation released on 20 July, specifically new section 193A Finance Act 2004, enabling pension tax relief relating to net pay arrangements where the scheme member has taxable income in the tax year below Read More ... more »»

24th July 2022 David Robertson

ACA responds to Helping savers understand pension choices consultation

We have responded to the DWP consultation saying it is critical to go beyond the period of pre-retirement in order to engage individuals throughout their journey, including when in education before entering work, and post-retirement… more »»

19th July 2022 David Robertson

ACA response to DWP Pensions Dashboards – further consultation

The ACA response calls for an extended time-frame as follows: more »»

The ACA response calls for an extended time-frame as follows:

8th July 202212th July 2022 David Robertson

ACA response to FRC post implementation review: TASs feedback

The Association has responded to the FRC post implementation review of TASs. See… more »»

The Association has responded to the FRC post implementation review of TASs. See…

30th May 2022 David Robertson

Response to proposed revision to FRC’s AS TM1: Statutory Money Purchase Illustrations (SMPIs) consultation

We support the general principle of amending AS TM1 to provide greater consistency for recipients of SMPIs where individuals have several different pension policies, particularly in the context of information to be provided on pension dashboards. However, we have concerns Read More ... more »»

11th May 2022 David Robertson

ACA responds to Facilitating Investment in Illiquid Assets consultation

The ACA has responded to the DWP consultation on Facilitation Investment in Illiquid Assets. The response recognises the benefits that investing in illiquid assets may bring to members, but says it isn’t convinced the proposals to incorporate statements in oft Read More ... more »»