Association of Consulting Actuaries

ACA comments on new Mansion House announcements Following the Chancellor’s speech at Mansion House yesterday evening, and the update and various papers that followed on the Government’s thinking on pension fund investment and the Pensions Review, the Association of Consulting Actuaries (ACA) issued the following statement https://lnkd.in/enb9-96U

Speaking at the ACA Dinner, Stewart Hastie, Chair, said he has found a broad consensus to have greater flexibility for private sector DB schemes in managing current and future surpluses.   “While the Government’s pensions review – the first stage to which we have responded - focussed on the LGPS and DC schemes, there is broad consensus to have greater flexibility for private sector DB schemes in managing the current and future surpluses – and we urge the DWP to include this in the next Pensions Bill.    See ACA response: https://lnkd.in/eMrS4vDz

Support for occupational pensions is critical to addressing the pension savings adequacy crisis, says new ACA Chair, Stewart Hastie The Association has elected Stewart Hastie as its new Chair. A senior Partner at Isio, he takes office on 1 June 2024 succeeding LCP’s Steven Taylor. For Stewart’s comments on his appointment and the pension and savings challenges ahead see: https://lnkd.in/ertWnC2B

ACA 2024 Pensions and Savings Manifesto We have launched our 2024 Pensions and Savings manifesto which argues  that the political parties must focus on a narrow, achievable and deliverable list of priorities to ensure today's working generations build adequate levels of pension saving. See here: https://lnkd.in/d4tN-PK9

ACA critical of Statement of Strategy data tsunami In our response to the TPR Statement of Strategy consultation we are critical as to whether a highly prescriptive, data-driven submission that goes beyond regulatory requirements is the way to go at the very introduction of the funding and investment strategy as an add-on to the well-established scheme funding process. More details here ACA response to Statement of Strategy consultation – ACA – Association of Consulting Actuaries  

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