Press Releases – Page 13 – ACA – Association of Consulting Actuaries

13th August 202013th August 2020 David Robertson

New Funding Regime must maintain scheme specific flexibility, without tying all schemes to ‘Fast Track’ by default

The ACA supports TPR’s twin track proposals. But we need to see details on how the ‘Bespoke’ option will work in practice to be confident in the new regime. It is important that the current scheme specific funding flexibility is Read More ... more »»

30th July 2020 David Robertson

Social Care reform urgently needed to include intergenerational strategy to “Build Back Better”

ACA believes that the Government’s plans, following COVID-19, to “Build Back Better” must include an intergenerational strategy to make sure the cost of providing basic social care is adequately funded for the longer-term… more »»

21st July 2020 David Robertson

ACA says public sector pensions remedy must be implemented efficiently for each scheme

What will be important, whichever approach is used – the Government is consulting on two options – is that the remedy is implemented efficiently and effectively for each public service scheme… more »»

What will be important, whichever approach is used – the Government is consulting on two options – is that the remedy is implemented efficiently and effectively for each public service scheme…

7th July 2020 David Robertson

ACA launches Annual Pension trends survey questionnaire seeking responses from employers and schemes

ACA has launched its major Annual Pension trends questionnaire. Employers, Schemes and advisers are urged to provide data and to have their say in contributing towards public policy initiatives in the pensions sector… more »»

3rd July 20203rd July 2020 David Robertson

ACA welcomes climate risk guidance for pensions schemes and suggests steps to encourage wide-spread adoption

The ACA is supportive of the implementation of guidelines and has suggested steps to encourage adoption… more »»

The ACA is supportive of the implementation of guidelines and has suggested steps to encourage adoption…

18th June 202017th June 2020 David Robertson

ACA says new regime will be of interest to pension schemes that cannot afford buy-out soon

We have welcomed TPR’s announcement of an interim regime, paving the way for commercial consolidators for defined benefit pension schemes. The greater clarity and certainty on new commercial consolidation options will be of particular interest to schemes that can’t afford Read More ... more »»

19th May 202019th May 2020 David Robertson

New ACA Chair, Patrick Bloomfield, spells out four point two-year strategy

New ACA Chair from 1 June, Patrick Bloomfield, says Actuaries have a tremendously valuable contribution to make for UK society: making sense of COVID-19’s impact on life expectancy and rebuilding financial plans through the economic recovery ahead… more »»

30th April 202030th April 2020 David Robertson

TPR Statement provides useful guidance for trustees and advisers in a volatile market

We welcome the guidance in the Pensions Regulator’s (TPR) Annual Funding Statement, issued today, for those Trustees who are part way through, or just beginning, actuarial valuations in the current volatile markets. more »»

4th March 2020 David Robertson

ACA calls on Chancellor to commit to a full-scale careful review of pensions taxation

We have written to the Chancellor to express our strong support for him to commit to a full-scale, careful review of the pension taxation regime in his upcoming Budget Statement on March 11. more »»

We have written to the Chancellor to express our strong support for him to commit to a full-scale, careful review of the pension taxation regime in his upcoming Budget Statement on March 11.

3rd March 2020 David Robertson

ACA says TPR DB Code consultation leaves ‘much hanging in the air’

We have welcomed the consultation issued today (3 March 2020) by the TPR but noted that much remains ‘hanging in the air’ until the outcome of the second consultation is published. more »»

We have welcomed the consultation issued today (3 March 2020) by the TPR but noted that much remains ‘hanging in the air’ until the outcome of the second consultation is published.