ACA – Association of Consulting Actuaries

We have responded to two DWP consultations this week broadly welcoming their content, whilst highlighting a number of areas that DWP needs to address in their final decisions on both updates to transfer regulations and AE alternative quality requirements.

The ACA Pensions Adequacy Working Group has submitted our report to the Pensions Commission, setting out a package of reforms aimed at improving sustainable retirement income for under-pensioned groups.  The report notes that while automatic enrolment has significantly increased pension Read More …

We celebrated our 75th Anniversary at Staple Inn, the historic home of the actuarial profession, with ACA Chair Chintan Gandhi reflecting on the organisation’s long-standing contribution to UK pensions policy and its enduring partnership with the Institute and Faculty of Read More …

We have published new research showing that most UK defined benefit (DB) pension schemes are already well funded and clear on their long-term plans – with the new funding regime seen primarily as a compliance exercise rather than a driver Read More …

We have recommended a few key additions in our response to TPR’s consultation on its future strategy, see below:

The Association has elected Chintan Gandhi as its new Chair.  A Partner at Aon, he takes office on 1 June 2026 succeeding Isio’s Stewart Hastie.  More…

ACA Chair, Stewart Hastie comments on the Annual Funding Statement issued by The Pensions Regulator today as follows:

Are you or do you know a UK-registered student with an interest in the future of pensions and long-term saving? If so, our Student Essay Competition for a prize of up to £3,000 is open for entries! More…

We have welcomed the draft of the FRC’s Technical Actuarial Standards for Collective Money Purchase Pensions (TAS310) and  strongly support the objective of having the final version available in advance of it coming into force, in July, on the same Read More …

We have submitted our response to the latest FCA Value for Money (VfM) consultation and commented that the new VFM framework will shape the DC pensions world at a critical juncture. Getting it right, and avoiding unintended and damaging consequences, Read More …