ACA

The Association of Consulting Actuaries has urged government to seek further legal certainty on guaranteed minimum pension equalisation because of the £10bn cost to employers.

Here it is. A summary of what you need to know about the equalisation of guaranteed minimum pensions and why it is so important.

The Financial Services Authority's responsibilities for group personal pensions and stakeholder pensions should transfer to The Pensions Regulator, the National Association of Pension Funds says.

Sebastian Cheek's view on WRIC

Financial education beginning at school and ultimately spreading throughout the entire population would reinvigorate pensions and long-term saving, the Association of Consulting Actuaries believes.

Pushing ahead with early access proposals would have risked greater dependency on the state pension and left schemes and providers in a "bureaucratic tangle", the National Association of Pension Funds says.

The government has so far failed to meet its promise on entering office to reinvigorate occupational pension schemes, the Association of Consulting Actuaries says.

The Hutton Report has been welcomed by the industry, which claims it could increase pensions for the low paid, but left unions warning of industrial action.

The Association of Consulting Actuaries supports early access but believes risk sharing schemes should be the government's priority.

Smaller firms' defined contribution scheme contributions are failing to keep pace with the increasing cost of pensions, Association of Consulting Actuaries research shows.