Press Releases – Page 14 – ACA – Association of Consulting Actuaries

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.

21st February 2020 David Robertson

ACA says tax dangers remain in HMRC GMP guidance

We have welcomed the guidance issued by HMRC yesterday on whether GMP equalisation might have inappropriate pension tax outcomes for members, providing some sensible reassurances for those schemes planning to operate ‘dual record’ solutions (for example ‘C2’). However, dangers remain… Read More ... more »»

16th January 2020 David Robertson

ACA Pension trends survey report calls for AE contribution increases plus tax and benefit simplification

The ACA Pension trends survey report says the momentum of pension reform needs to be built upon with plans set out by Government in this Parliament to increase automatic enrolment minimum contributions alongside tax and benefit simplification… more »»

16th January 2020 David Robertson

Final report of 2019 ACA Pension trends survey

The final report of the ACA 2019 Pension trends survey includes findings on pension contribution levels, automatic enrolment cessations and wider findings covering employers’ attitudes to further pension reforms… more »»

23rd December 2019 David Robertson

Call for full legislative standardisation of Annual Benefit Statements alongside support for Dashboard

We welcome the opportunity presented by the DWP consultation on Simpler Benefit Statements to radically re-design statutory annual benefit statements as part of a wider industry drive to encourage members to think about their retirement and the outcome they want Read More ... more »»

27th November 2019 David Robertson

Summary of party manifestos critical of omissions on private pensions and savings issues

In October, we announced a manifesto of policy proposals that we wanted to see in the political parties’ manifestos – this is summarised on pages 4 – 5 of the special General Election of Placard (link in release below)… more »»

14th November 201913th November 2019 David Robertson

Parties’ Manifestos should commit to boosting pension, savings and social care outcomes

2019 Election: We believe the public should be pre-advised of the Parties’ broad approaches on how they propose to boost pensions and savings outcomes and what major tax changes might be considered over the next 5 years that might influence Read More ... more »»