![]() |
Reacting to the publication of the UK Government’s Work and Pensions Committee second stage report on its inquiry into accessing pension savings, Leah Evans, Pensions Board Chair at the Institute and Faculty of Actuaries (IFoA), said: |
“We are pleased to see the recommendation in today’s report from the Work and Pensions Committee that the Government should continue to support the development of Collective Defined Contribution (CDC) schemes in the UK. CDC schemes are a potential innovation for pension savers and this report is a further welcome step in developing practical, innovative schemes for willing employers in the UK. "The Committee’s inquiry continues to shine a light on the challenges that exist for the modern pension saver and to offer solutions. We look forward to continuing this debate and the consideration of issues like the viability of multi-employer CDC schemes.” Commenting on yesterday’s Government response on a stronger nudge to pension guidance, Leah Evans said: “We support the view that a stronger nudge is beneficial for pension savers in the UK. Providing more Pension Wise advice sessions before retirement will help consumers to consider the pros and cons of drawdown and the opportunity to better understand which product will best meet their needs.
‘”In our Great Risk Transfer report, the IFoA recommended specific and ambitious targets to achieve an increase in take-up by individuals of Pension Wise appointments before accessing their pension. This announcement should help to generate more Pension Wise appointments and lead to better outcomes for pension savers.” |
|
|
|
Calling all BPA analysts! | ||
North West / hybrid 50/50 - Negotiable |
Principal Actuary - Bermuda | ||
Bermuda - Negotiable |
Financial Planning & Analysis Actuary | ||
London/Hybrid - Negotiable |
Apply Your Doctorate to Technical Pri... | ||
Fully remote / nationwide / hybrid working options all available - Negotiable |
Senior Investment Manager | ||
London / hybrid - Negotiable |
P&C Consultant | ||
London / hybrid 3dpw office-based - Negotiable |
Senior Pricing Actuary | ||
London - £140,000 Per Annum |
Actuarial Pensions Manager | ||
Flex / hybrid 2-3 dpw office-based - Negotiable |
Financial Reporting in beautiful Bermuda | ||
Bermuda - Negotiable |
Principal Risk Analyst - island adven... | ||
Bermuda - Negotiable |
Make a difference within BPA Administ... | ||
North West / hybrid 50/50 - Negotiable |
GI Provisioning in the Public Sector | ||
London or Edinburgh / hybrid 3 dpw office-based - Negotiable |
Associate Actuary - Risk Transfer Con... | ||
Flex / hybrid 50/50 - Negotiable |
Assumptions Actuary | ||
London/Hybrid - Negotiable |
Senior Actuary | ||
London/Hybrid - Negotiable |
Senior Investment Trainee | ||
London or Edinburgh / hybrid 50/50 - Negotiable |
Pensions Manager | ||
Any UK office / hybrid 2 dpw office-based - Negotiable |
Actuarial Reserving Senior Manager | ||
London / hybrid - Negotiable |
Senior Actuarial Consultant – GMPe | ||
Any UK Office location / Hybrid working - Negotiable |
Senior Life Actuarial Consultant | ||
London / hybrid 3 dpw office-based - Negotiable |
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.