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Responding to the PPF 2024/25 Levy Rules Consultation, the Association of Consulting Actuaries (ACA), says it believes the current legislative framework is ‘not fit for purpose’ and should be updated as soon as possible. |
ACA Pension Schemes Committee Chair, Peter Williams, commented that: “We believe the current legislative framework is not fit for purpose and should be updated as soon as possible to remove the current restrictions, particularly the need to increase the total levy by no more than 25% year-on-year. The levy need not be maintained at the £100 million level for artificial reasons. “We agree with introducing simplifications when the total levy being collected is relatively small. Removing the legislative constraints would enable lower levies and more simplifications. “The PPF should not need to set a minimum levy in order to respond to ‘shocks’ - the levy should reflect the risk to the PPF and therefore permit zero levy in years when it is not required.” Responses to the consultation are due in by 30 October 2023. |
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| Specialty GI Pricing Leader | ||
| London - Negotiable | ||
| Senior Life Actuarial Assoc or Direct... | ||
| Bermuda - Negotiable | ||
| Health Insurance Manager | ||
| London/hybrid 2-3dpw office-based - Negotiable | ||
| Principal Actuary - Bermuda | ||
| Bermuda - Negotiable | ||
| GI Pricing Analyst | ||
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| International Investment Manager | ||
| Bermuda - Negotiable | ||
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| Bermuda - Negotiable | ||
| Risk Transfer Consultant | ||
| Any UK Office location / Hybrid working, 2 days p/w in office - Negotiable | ||
| Senior Life Actuarial Analyst | ||
| South East / hybrid 3dpw office-based - Negotiable | ||
| Investment Manager - Credit Risk & Re... | ||
| South East / hybrid 3dpw office-based - Negotiable | ||
| Actuarial Project Manager | ||
| South East / hybrid 3dpw office-based - Negotiable | ||
| Senior Associate - Trustee Pensions | ||
| South East / hybrid 1-2dpw office-based - Negotiable | ||
| STAR EXCLUSIVE: BPA Pricing Actuaries | ||
| Flex / hybrid 2-3 dpw office-based - Negotiable | ||
| Ceded Re Pricing Actuary | ||
| London - £150,000 Per Annum | ||
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| London - £180,000 Per Annum | ||
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| London / hybrid 2 days p/w office-based - Negotiable | ||
| Home Insurance Director | ||
| North West/Hybrid - £140,000 Per Annum | ||
| Head of Long-tail Global | ||
| UK/USA - £200,000 Per Annum | ||
| Challenge the pensions industry! | ||
| UK Flex / hybrid 2dpw office-based - Negotiable | ||
| Pensions Data Science Actuary | ||
| Offices UK wide, hybrid working - Negotiable | ||
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