 |
|
 |  |  |  |
The Association of Consulting Actuaries (ACA) in our response to the DWP consultation on Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2021 has said it is essential that CDC scheme designs incorporating age related accrual rates and age-related contribution rates (in a single section) are clearly allowed under the initial regulations as it is expected sponsors will favour such a design. “Soundness” too in the assessment of such schemes needs to be defined better. |
ACA Chair, Patrick Bloomfield, comments: “It is essential that CDC scheme designs incorporating age related accrual rates and age-related contribution rates (in a single section) are clearly allowed under the initial regulations. We expect this sort of design to be particularly popular with potential scheme sponsors “The draft requirements are extensive and will need significant resources, expertise, and appetite for CDC - this might deter employers without such resources from setting up a CDC scheme “Although "soundness" is a key concept in the assessment of such schemes, there is no definition provided and the proposed structure of assessing soundness requires the actuary to consider legal matters and accuracy of member communication, in addition to actuarial issues”
The ACA response also suggests that the provisions allowing for post valuation experience be removed – and if they are retained changes are essential. |
|
|
|
| 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 | ||
| DC Pensions Actuarial Consultant | ||
| Flex / hybrid 2 days p/w office-based - Negotiable | ||
| Fully remote GMP consulting | ||
| Remote - Negotiable | ||
| GMP Actuarial (Senior) Consultant - R... | ||
| Remote - Negotiable | ||
| Actuarial modelling engineer with a d... | ||
| Flex / hybrid 2 days p/w office-based - Negotiable | ||
| Reinsurance Pricing Actuary | ||
| London - £110,000 Per Annum | ||
| P&C Risk Actuary - International | ||
| Bermuda - Negotiable | ||
| Actuary/Data Scientist | ||
| London / hybrid 2 days p/w office-based - Negotiable | ||
| GI Pricing Manager | ||
| London or Scotland / hybrid 50/50 - Negotiable | ||
| Senior GI Pricing Analyst | ||
| Leeds / hybrid 2dpw office-based - Negotiable | ||
| Lead Actuary – Reinsurance Pricing | ||
| London / hybrid 3 dpw office-based - Negotiable | ||
| Actuary – Reinsurance Pricing | ||
| London / hybrid 3 dpw office-based - Negotiable | ||
| Snr Actuarial Consultant/Mgr: Pricing... | ||
| London / hybrid 2 days p/w office-based - Negotiable | ||
| Snr Actuarial Consultant/Mgr: GI Capi... | ||
| London / hybrid 2 days p/w office-based - Negotiable | ||
| (Senior) Actuarial Reserving Consultant | ||
| London / hybrid 2 days p/w office-based - Negotiable | ||
| Risk Transfer Consultant | ||
| Any UK Office location / Hybrid working, 2 days p/w in office - Negotiable | ||
| Chief Underwriting Officer | ||
| Location upon application - Negotiable | ||
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.
Copyright © 2025 Actuarial Post. Created by Zero-One Design Ltd
