All Association of Consulting Actuaries articles – Page 3
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Opinion
Billions to go backwards – now how do we move forwards?
Pensions Expert 20th Anniversary: FTSE100 companies paid £150bn into their pension funds over the past decade, but unlike in 2007, their accounts showed a deficit.
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Opinion
RPI needn't be a rule
Editorial: The closure of the defined benefit green paper consultation falls on a Sunday, but it is yet to be revealed if the outcome will be a wedding or a funeral.
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Features
Post Office surplus raises union affordability complaints
The Post Office section of the Royal Mail Pension Plan remains in surplus, its latest funding update shows, just weeks after it was closed to future accrual amid union consternation.
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News
Select committee hears evidence on how to get the self-employed saving
Proposals including an expansion of auto-enrolment and raising class 4 national insurance contributions, aimed at boosting pensions coverage in the UK, have been put before the Work and Pensions Committee as part of its inquiry into self-employed workers.
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News
AE compliance action holds steady amid calls to expand
Auto-enrolment enforcement action is rising, but remains limited to a small proportion of employers enrolling, the Pensions Regulator has said, as experts call for action to widen the scope of the policy.
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News
Self-employed savings gap a 'ticking time bomb'
Pension arrangements for self-employed workers are in need of urgent review, MPs have been told, as industry figures consider the next steps for workplace pension policy.
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News
Cost and complexity increase support for multi-employer schemes
The cost and complexity of running a pension scheme is increasing the appeal of multi-employer schemes, experts have said, as a survey shows industry support for government-backed scheme consolidation.
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Features
Actuaries up the ante on auto-enrolment contribution levels
News Analysis: The government should continue to phase up minimum auto-enrolment contributions beyond 2018 to hit an aggregate 16 per cent, actuaries have said, as part of a longer-term roadmap to build on the policy’s success.
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News
VAT burden shows little sign of abating as key deadline approaches
News Analysis: Employers need a better way of reclaiming VAT on behalf of their schemes than that set out by HM Revenue & Customs, lawyers say, as a December deadline for schemes to renegotiate service contracts looms.
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Opinion
Tax allowance boost could buffer SMEs against rising AE costs
The Association of Consulting Actuaries has called for action to help alleviate the financial pressure on small companies resulting from the statutory increases in auto-enrolment contributions.
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News
Managers endorsing DC auto-escalation could face scheme tailoring challenge
News analysis: More than half of employers back auto-escalation schemes as a way to increase employee contributions, according to new research, but they may face challenges in tailoring contribution rates to members.
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Features
One in four employers to mitigate 2012 costs
Ian Smith looks at new data revealing how defined contribution (DC) schemes and employers are planning to control the cost of auto-enrolment.
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