ACA
Exclusive: Members' push for ESG should be a 'wake up' call for lagging schemes
Substantial engagement from pension scheme members on ESG has not been matched by strategic change in defined contribution (DC) schemes, the Association of Consulting Actuaries (ACA) says.
Exclusive: Calls for vital AE reforms after Covid-19 pension saving exodus
The government must publish a timetable for its next automatic enrolment (AE) review as employees quit pension saving in the wake of the coronavirus pandemic, the Association of Consulting Actuaries (ACA) says.
Pension tax reform support remains high; Sunak flags potential changes
The majority of employers currently support the simplification of the pension tax regime, with evidence mounting of its adverse impacts, the Association of Consulting Actuaries (ACA) finds.
Industry raises significant concerns over FCA consultation on advising on pension transfers
The industry has raised serious concerns that Financial Conduct Authority (FCA) transfer advice proposals on illustrative figures could hamper schemes’ ability to help members to understand their retirement options and force many to take full regulated...
ACA backs integration of climate change action into default DC strategies
The Association of Consulting Actuaries (ACA) has welcomed the Pensions Climate Risk Industry Group (PCRIG) and the Department for Work and Pensions’ (DWP) guidance on climate risk.
The ACA: Aiming to reflect what society needs
Jenny Condron and Patrick Bloomfield explain the ACA's immediate priorities.
Patrick Bloomfield elected next ACA chair
Hymans Robertson scheme actuary and partner Patrick Bloomfield has been elected chair of the Association of Consulting Actuaries (ACA).
Government urged to set timetable for AE reform implementation
The Association of Consulting Actuaries (ACA) has urged the government to set out a timetable for when it will implement its planned automatic enrolment (AE) reforms, and produce a timetable for increases in AE contribution levels.
Jenny Condron: Making it in a man's world
Jenny Condron is chief actuarial officer at Mercer and became the first female chair of the Association of Consulting Actuaries in 2018. Here she tells Laura Miller what it takes to make it in a man’s world, the one thing that scares her most, and why...
Industry calls for simpler pensions tax system
The government should review pension tax rules and simplify the system, according to AJ Bell and the Association of Consulting Actuaries (ACA).
Employers engaging gig economy workers with pension savings despite AE rules
Over half (52%) of employers engage their gig economy workers for whom no pension provision is required to be made under UK law, according to the Association of Consulting Actuaries (ACA).
Pension tax concerns 'distracting' from crucial industry issues
Major industry concerns such as GMP equalisation are being left on the back burner as employers continue to grapple with the complexities of pensions tax, the Association of Consulting Actuaries says.
Widespread concern over complexity and cost of GMP equalisation, finds ACA
Employers are increasingly concerned about the costs and complexity associated with equalising guaranteed minimum pensions (GMPs), according to the Association of Consulting Actuaries (ACA).
ACA calls for key policy measures to be included in pensions bill
The Association of Consulting Actuaries (ACA) has called for five key policy measures to be included in the upcoming pensions bill.
ACA: Pension coverage remains patchy and employee saving still insufficient
The government must take action to build on the successes of auto-enrolment (AE) and ensure coverage and contribution rates are increased, the Association of Consulting Actuaries (ACA) says.
ACA backs letting savers use pensions to buy houses
The Association of Consulting Actuaries (ACA) has thrown support behind proposals to allow first-time buyers to use part of their pension pot as a deposit for a home.
ACA proposes 'model scheme' for simplified benefits following 'tidal wave' of new initiatives
The Association of Consulting Actuaries (ACA) has received support for its proposed 'model scheme' to simplify defined benefit (DB) benefits alongside the conversion of guaranteed minimum pensions (GMPs).
Industry split on DC investment innovation proposals
Initial responses to the government's consultation on DC investment innovation reveals a mixed views on a range of its proposals. Kim Kaveh reports.
Women in Pensions Awards 2019: Last chance to nominate!
Today is your last chance to nominate for the second PP Women in Pensions Awards, which celebrate the achievements of women working in pensions or acting as a trustee. Find out how to nominate here…
An opportunity for a simpler DB world
Jenny Condron says pensions simplification would sweep away confusion for members arising from having up to 12 tranches with different rates of revaluation and increase.
Three-quarters of employers support pensions tax relief reform
Three-quarters of employers would support pensions tax relief changes if they provide more help to lower-paid earners, according to the Association of Consulting Actuaries (ACA).
Bob Scott: My pension predictions for 2019
Bob Scott reviews the past year in pensions and makes some predictions for what the industry will see in 2019.
How a 'pensions pound' could simplify DB benefits
The ACA and Royal London have published a joint policy paper on a 'radically simplified' DB structure. Kim Kaveh looks at the proposals.