The NAPF's proposed coded of conduct on charges has split the industry reports Rachel Dalton
Employers are being put off adopting risk-sharing models by an unrewarding regulatory regime, the Association of Consulting Actuaries honorary secretary has claimed.
The Association of Consulting Actuaries has elected Andrew Vaughan as its new chairman.
Rachel Dalton examines the industry response to the guidance.
Actuarial firms are in danger of being swept up in a government attempt to clean up the lobbying industry, the Association of Consulting Actuaries warns.
Seven industry bodies have written to Steve Webb strongly criticising the government's proposals on Guaranteed Minimum Pension equalisation and calling for equalisation guidance put forward in January to be scrapped.
The industry has supported Steve Webb's promotion of ‘defined aspiration' occupational pensions which encourage risk sharing, but warned the government will have to make significant legislative changes to make it work.
The pensions industry has thrown its weight behind the creation of aggregator schemes to make Steve Webb's ‘operation big fat pension pot' a success.
Gordon Pollock has joined consultant Barnett Waddingham to help develop the firm's capability to act as an expert witness in legal cases.
The government is considering scrapping indexation for defined benefit pension schemes as part of its promise to reinvigorate occupational pensions, the pensions minister confirms.