Press Releases – Page 16 – ACA – Association of Consulting Actuaries

16th January 2019 David Robertson

ACA welcomes CDC schemes, but calls for robust governance and first-class communications

In a response to the DWP consultation on Collective Defined Contribution (CDC) schemes, ACA has expressed support for the concept of CDC pension schemes, but called for robust governance, regulation and first-class communications more »»

31st December 2018 David Robertson

Survey Report calls on Government to set out its long-term pensions policy on Automatic Enrolment contributions

In the final report summarising the results of the ACA’s 2018 Pension trends survey, we found support for only a small increase in minimum automatic enrolment (AE) pension contributions after 2019, despite three-quarters of employers forecasting that scheme participation rates Read More ... more »»

7th December 2018 David Robertson

ACA welcomes ‘Superfunds’ consultation but stresses simplification is key to success

Jenny Condron, Chair of the Association of Consulting Actuaries (ACA), says the ACA is, in principle, supportive of DB consolidation as a means of improving the governance, and reducing the running costs, of many small schemes, but simplification is key Read More ... more »»

22nd November 2018 David Robertson

Simplifying schemes can build on GMP conversion benefits says ACA Chair

We believe that, with industry support for one, common reference scheme, all of our upcoming work on GMP equalisation could be broadened out such that GMP conversion extends to the whole of a member’s benefits. As a result, all of Read More ... more »»

19th November 2018 David Robertson

New Research Makes the Case for ‘Radical Simplification’ of Defined Benefit Pension Rights

A new paper published today by the Association of Consulting Actuaries and Royal London argues that consumers and employers could reap substantial benefits if the complex patchwork of defined benefit pension rights could be radically simplified. more »»

29th October 201830th October 2018 David Robertson

ACA welcomes Chancellor’s decision not to reduce pension tax reliefs

With confidence in the pension tax regime at a low ebb, prior to the Budget the ACA called for no further reductions in pension tax relief. The Budget Statement was welcomed. more »»

With confidence in the pension tax regime at a low ebb, prior to the Budget the ACA called for no further reductions in pension tax relief. The Budget Statement was welcomed.

25th October 2018 David Robertson

ACA survey finds support for more targeted TPR powers and greater flexibility for DB schemes in Pensions Bill

The ACA’s 2018 Pension trends survey has found a substantial majority of employers comfortable with the Pensions Regulator having more targeted powers alongside greater flexibility for DB schemes to reduce pension increases more »»

15th October 2018 David Robertson

ACA Survey finds Chancellor has employer support to calmly review and simplify pension tax regime post-BREXIT

The second report in a series exploring the findings of the 2018 ACA Pension trends survey has found strong employer support for reform to the current pension tax regime. The ACA says reform should be calmly undertaken…the present regime is not Read More ... more »»

27th September 2018 David Robertson

Survey finds no employer consensus on funding of social care…paper debates issue

ACA survey results find no employer consensus on funding of social care, alongside separate discussion paper published today debating possible solutions more »»

ACA survey results find no employer consensus on funding of social care, alongside separate discussion paper published today debating possible solutions

21st August 2018 David Robertson

Stronger TPR powers – response welcomes direction of travel, but questions lack of reasons behind certain proposals and unforeseen consequences of others…

21 August 2018: In its response to the consultation on stronger powers for the Pensions Regulator, the Association of Consulting Actuaries (ACA), whilst expressing ‘support for the direction of travel’, is critical of certain sections that have hardly any policy Read More ... more »»