Press Releases – Page 10 – ACA – Association of Consulting Actuaries

29th November 202126th November 2021 David Robertson

Employers spell out strong support for DB Funding Code ‘wish list’ in survey results

In the third of a series of reports outlining the findings of the ACA’s 2021 Pension trends survey, we found strong support for ‘Seven Key Elements’ to be contained in the promised second consultation on a new DB Funding Code, Read More ... more »»

22nd November 202120th November 2021 David Robertson

Survey points to regulatory overload heaping costs on pension schemes and deterring individuals from acting as trustees

In the second of a series of reports outlining the findings of our 2021 Pension trends survey, we have found that the onslaught of regulatory and legislative change has three-quarters of employers expecting trustees to consider resigning. Almost 9 in 10 Read More ... more »»

15th November 202114th November 2021 David Robertson

Survey finds a third of pension schemes have already set targets to reduce climate risk

In the first of a series of reports outlining the findings of the ACA’s 2021 Pension trends survey, we have identified an emerging division in pension scheme attitudes to climate risk. The survey was conducted in the summer of this Read More ... more »»

22nd October 202121st October 2021 David Robertson

Notifiable Events: Cmprehensive guidance ‘absolutely essential’ before modified provisions come into force

In our response to the consultation on Strengthening the Pensions Regulator’s Powers: Notifiable Events (Amendments) Regulation 2021 we say comprehensive guidance is absolutely essential as soon as possible…. more »»

7th September 2021 David Robertson

ACA says it is unclear if the social care measures will be sufficient to meet growing care costs.

We welcomed the announcement on Social Care funding made on 7 September. However, we warned that with the majority of new money raised initially going to support wider pandemic related needs, it is unclear if the measures will be sufficient Read More ... more »»

31st 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 »»

23rd August 202120th August 2021 David Robertson

ACA proposes new way of flexing the rate of public service pension increases to reflect economic growth

In our response o the HMT consultation on the Public Service Pensions discount rate methodology we have proposed a new way to flex public service pensions increases linked to growth in the economy… more »»

In our response o the HMT consultation on the Public Service Pensions discount rate methodology we have proposed a new way to flex public service pensions increases linked to growth in the economy…

8th July 2021 David Robertson

ACA cautions on regulatory reform of actuarial work

In our response to the BEIS consultation on Restoring trust in audit and corporate governance, which also encompasses the future regulation of actuaries, we have cautioned on the unintended consequences that could arise in the implementation of reforms primarily focused Read More ... more »»

2nd July 2021 David Robertson

Code 12 must make it clear most normal corporate activities are not in scope

In our response to the TPR consultation on the revised Code of Practice 12 we say that the Code and related guidance must make it clear that most normal corporate activities will not be drawn into scope. See more »»

21st June 202119th June 2021 David Robertson

Evidence to Select Committee says achieving positive outcomes should be focus not additional compliance reporting

Our evidence to the Work & Pensions Select Committee Inquiry on ‘Pension Stewardship and COP26’ says any new requirements on pension schemes must be applied consistently with the other duties and responsibilities of pension scheme trustees and managers, and must Read More ... more »»