April 2026 Edition of the Actuarial Post Magazine

They say that March comes in like a lion, goes out like a lamb, well in terms of the weather Storm Amy at the beginning of the month seems to make that true but with conflict in the Middle East I am sure the people in that region do not think the old saying holds sway. Our cover story this month comes from Mark Brown from WTW examining the role of AI in Financial reporting asking if it is hype or reality. We also have Laura Hobern from LCP with the second part of her series on pricing in a softening market and the role of judgement in deciding when to follow the market.

Tax relief methods for employers in the new tax year

With the new tax year starting on 6 April, this is a good moment to revisit how your pension scheme gives tax relief. The method you use – net pay, relief at source (RAS) or salary sacrifice – shapes employees’ take-home pay, their experience of saving and the accuracy of your payroll processes. RAS deducts contributions after tax and the provider claims 20% basic-rate relief for the member, with higher-rate taxpayers claiming any extra separately.

Get future ready with this LGPS governance roadmap

We don’t yet have the final requirements and nor do we know exactly when they will come into force, but there’s no doubt big change is coming and administering authorities should already be planning for them. In this article we set out where the proposals have got to and what funds should be doing to prepare. It’s been five years since the publication of the final Good Governance report for the Scheme Advisory Board, and most of the recommendations are close to becoming reality.

Pensions Perspectives with Decumulation debated

 

Lifestyle Actuary

Dalriada Trustees Limited (Dalriada), one of the largest providers of professional trustee services to pensions schemes in the UK, has today announced the appointment of Sarah Brough as a professional trustee.

Lights Camera Actuary

For the next few months Zoe Bolton will be talking to the senior actuaries in these firms, getting a brief insight into their career paths and visions for the future. This month Zoe interviews Shil Patel the UK Managing Director at Dynamo Analytics

Travelling Actuary

This month's Travelling Actuary takes us to the iconic Boston to experience New England at it’s very best.

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ROLE OF AI IN FINANCIAL REPORTING: HYPE OR REALITY
 
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