ACA: New solutions needed to help savers 'thrive'

ACA chair says closed nature of DB will necessitate new solutions from DC

Martin Richmond
clock • 2 min read
Taylor: The DB landscape is unlikely to thrive like it once did, which means new solutions are require for current generation of savers
Image:

Taylor: The DB landscape is unlikely to thrive like it once did, which means new solutions are require for current generation of savers

The pensions industry needs to come up with new solutions to provide savers with a comfortable level of income in retirement, according to the Association of Consulting Actuaries (ACA).

ACA chair Steven Taylor noted following the impact of the liability-driven investment (LDI) and gilt crisis towards the end of last year, it was a positive development to see The Pensions Regulator...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Pensions tax-free cash untouched – but what about those who acted pre-Budget?

Pensions tax-free cash untouched – but what about those who acted pre-Budget?

No lump sum change should be ‘welcomed’ but damage cannot be undone

Isabel Baxter
clock 31 October 2024 • 5 min read
Autumn Budget 24: How Labour's announcements impact the pensions industry

Autumn Budget 24: How Labour's announcements impact the pensions industry

Pensions industry reacts to chancellor Rachel Reeves’ first Budget

Holly Roach
clock 30 October 2024 • 6 min read
Autumn Budget 24: Heavily rumoured pension changes fail to go ahead

Autumn Budget 24: Heavily rumoured pension changes fail to go ahead

The chancellor chose not to target workplace pensions, despite raising taxes by £40bn

Holly Roach
clock 30 October 2024 • 3 min read
Trustpilot