Association of Consulting Actuaries fears ‘tax limbo’ for DB schemes and their members
Draft secondary legislation setting out the way forward will be published later this year
ACA chair says closed nature of DB will necessitate new solutions from DC
Industry thinks current regulatory framework could better enable open schemes to ‘thrive’
ACA says schemes will not be able to quickly and easily invest in VT investments
Industry broadly in favour of plans to expand CDC to multi-employer schemes
LDI still fit for purpose but needs changes in operational arrangements
Legislating schemes to buy gilts to match their liabilities could worsen systemic risks
Association calls for reforms to allow younger workers to boost financial resilience
The ACA warns of ‘significant problems’ with the FRC’s proposed changes