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

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 »»

17th June 202116th June 2021 David Robertson

ACA says most UK trustees don’t have resources to focus on social factors

Our response to the DWP consultation on social risks and opportunities for occupational pension schemes says it agrees it is important for trustees to take financially material social factors into account in their investment decisions. However, the majority of schemes currently Read More ... more »»

16th June 2021 David Robertson

ACA warns of inadvertent damage to pension advice market

We have welcomed HMRC’s initiative to improve standards in the “tax advice” market but made it clear in our response to an HMRC consultation that this should not be at the expense of inadvertently damaging the pension advice market or Read More ... more »»

9th June 20219th 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 »»

27th May 2021 David Robertson

TPR’s annual funding statement reads more as a state of the nation than funding guidance

ACA comments on this year’s Annual Funding Statement but urges TPR to take the time it needs to deliver a new funding regime that fits today’s complex commercial environment. See more »»

ACA comments on this year’s Annual Funding Statement but urges TPR to take the time it needs to deliver a new funding regime that fits today’s complex commercial environment. See