The Association of Consulting Actuaries (ACA) and the National Association of Pension Funds (NAPF) have both welcomed the announcement by UK Treasury Minister, Melanie Johnson MP, that there is to be a task force established by the Government to simplify rules for defined benefit schemes.
The ACA has advocated the need for such a review as more organisations throw in the towel of defined benefit provision due in part to regulatory overload. The ACA is also looking to support the ...
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