ACA urges Webb to prioritise flexible DB

clock

The Association of Consulting Actuaries (ACA) has urged the government to prioritise the development of flexible defined benefit (DB) models ahead of other defined ambition (DA) proposals.

In its response to the Department for Work and Pensions' (DWP) consultation on DA, which closed last week, the organisation said the abolition of contracting out in 2016 made the flexible DB strand...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Reframe employer contributions or watch pension inadequacy grow

Reframe employer contributions or watch pension inadequacy grow

Daniela Silcock says recognise contributions as deferred salary to boost savings rate increases

Daniela Silcock
clock 28 July 2025 • 3 min read
SFO charges six in complex pension fraud investigation

SFO charges six in complex pension fraud investigation

Charges include conspiracy to defraud, money laundering and Perjury Act offences

Jonathan Stapleton
clock 25 July 2025 • 1 min read
Asset owner rights being 'eroded' by political pressure, warns Hymans

Asset owner rights being 'eroded' by political pressure, warns Hymans

Investors need to practise due diligence when selecting managers and be aware of their rights

Jasmine Urquhart
clock 25 July 2025 • 1 min read
Trustpilot