ACA – Association of Consulting Actuaries

In our response to the DWP consultation on Looking to the future: greater member security and rebalancing risk we have raised serious doubts about both the timing and desirability of the ‘Pot for Life’ proposals contained within the consultation.  More…

We have set up a new industry AI steering group to assess the risks and opportunities from emerging and evolving AI technology.  More…

Responding to announcements in the Autumn Statement, we have expressed support for schemes being given encouragement to invest more in productive assets, but cautioned on ‘pot for life’ proposals… .

Responding to the DWP Occupational and Personal Pension Schemes (General Levy) Regulations review 2023, we favour option 2 of those put forward, whilst bemoaning the lack of transparency on how the Levy deficit has emerged and slamming the ‘exceptionally harsh’ Read More …

Responding to the PPF 2024/25 Levy Rules Consultation, we believe the current legislative framework is ‘not fit for purpose’ and should be updated as soon as possible… .

Speaking at the ACA’s Industry Dinner, its first since the pandemic, Chair, Steven Taylor spoke of his and the Association’s shock at the news of the sudden death of his predecessor, Patrick Bloomfield. His speech followed a tribute to Patrick Read More …

With much sadness, the ACA issued the following statement today:

Responding to the DWP evidence call on Options for DB schemes, we have expressed support for schemes being given more encouragement to invest more in productive assets, provided there is an upside for both scheme members and scheme sponsors, as Read More …

Responding to the HMT/DWP evidence call on Trustee skills, capability and culture, we have expressed wholehearted support for ways to improve trustee quality and capability.  However, ACA research run alongside the response points to trustees’ fiduciary duties not discouraging investment Read More …

Responding to the DWP consultation on Helping savers understand their pension choices, we have expressed support for schemes to be required to offer decumulation solutions.