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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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| BPA Pricing Lead | ||
| South East, Hybrid - Negotiable | ||
| Valuation Actuary - Remote | ||
| UK, Remote - Negotiable | ||
| Life-changing Pensions | ||
| London - Negotiable | ||
| Investment Specialist | ||
| South East - Negotiable | ||
| Portfolio Pricing Actuary – First Act... | ||
| London - £100,000 Per Annum | ||
| Commercial Longevity Actuary | ||
| London / hybrid 2 days p/w office-based - Negotiable | ||
| STAR EXCLUSIVE: Actuarial modelling m... | ||
| London/hybrid 2-3dpw office-based - Negotiable | ||
| Data Engineering Manager | ||
| London / hybrid 2 dpm office-based - Negotiable | ||
| Principal Actuary - Bermuda | ||
| Bermuda - Negotiable | ||
| Director - Financial Performance | ||
| London/hybrid 2-3dpw office-based - Negotiable | ||
| Senior Actuary - Broker | ||
| London - £180,000 Per Annum | ||
| Director/Partner - Trustee Pensions | ||
| Flex / hybrid 2 days p/w office-based - Negotiable | ||
| hx Contractor | ||
| London/Remote - Negotiable | ||
| BPA Director - Origination | ||
| London / hybrid 2-3 dpw office-based - Negotiable | ||
| Senior GI Actuarial Analyst | ||
| South East / hybrid 2 dpw in the office - Negotiable | ||
| Nearly/Newly | ||
| London - Negotiable | ||
| Life actuarial analyst opportunities | ||
| South East / hybrid 1 dpw office-based - Negotiable | ||
| Life Actuary - Financial Reporting | ||
| South East / hybrid 1 dpw office-based - Negotiable | ||
| EXCLUSIVE: Corporate Pensions Consultant | ||
| Flex / hybrid - Negotiable | ||
| DB Pensions Actuarial Assistant Manager | ||
| Flex / hybrid 2 days p/w office-based - Negotiable | ||
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