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‘The Association of Consulting Actuaries (ACA) is the representative body for UK consulting actuaries. The Association is the largest national grouping of consulting actuaries in the World and is a full member of the International Actuarial Association.Our members are all qualified actuaries – mainly Fellows of the Institute and Faculty of Actuaries. All actuarial advice given by our members is subject to the Actuaries’ Code.Members provide advice to thousands of employers and pension schemes with assets exceeding £1 trillion, including most of the country’s largest schemes – and increasingly consulting actuaries are involved in a wide range of additional areas such as investment consulting, life and general insurance and individual advice. The ACA also provides the secretariat to the All-Party Parliamentary Group on Pensions.’
The Association of Member Nominated Trustees (AMNT) aspires to be a positive force and a prominent voice in the UK pensions industry today. We believe that given the inherently complex nature of UK pensions and the increasing burden being placed on trustees, that far more support should be made available to member nominees.We are a not-for-profit organisation supporting member-nominated trustees, member-nominated directors and employee representatives of UK based pension schemes in the private and public sector (funded and unfunded).
Our mission is to help everyone achieve a better income in retirement. We work to get more people and money into retirement savings, to get more value out of those savings and to build the confidence and understanding of savers.We represent the defined benefit, defined contribution, master trust and local authority pension schemes that together provide a retirement income to 20 million savers in the UK and invest £1 trillion in the UK and abroad. Our members also include asset managers, consultants, law firms, fintechs and others who play an influential role in the the governance, investment, administration and management of people’s financial futures.
The Pensions Administration Standards Association (PASA) has been created to provide an independent infrastructure which will set, develop, guide and assess administration standards.PASA will act as a focal point and engage with industry and government to create protocols for understanding good administration - but also appreciates there is no one size that fits all. PASA will develop evidential accreditation practices which will allow benchmarking across and between the industry regardless of how the administration is being delivered. As well as raising the profile of pension administration generally, PASA will focus on three core activities.1. Defining good standards of pensions administration relevant to all providers, whether in-house, third party or insurers2. Publishing guidance to support those standards3. Being an independent accreditation body, assessing the achievement of good standards by schemes (regardless of provider)There is no organisation providing such services across schemes, yet there is a demand for evidence of service quality from scheme trustees, sponsors, administrators, insurers, scheme members and regulators.About PASA AccreditationPASA Accreditation is open to all corporate members of PASA (DB, DC, trust-based and contract-based schemes). PASA Accreditation is granted following an independent evaluation and assessment process, which includes on-site visits and the review of documentation to evidence controls, procedures, process, staff development and contractual positions with clients.Full details on PASA can be found by visiting www.pasa-uk.com.Full details on PASA Accreditation can be found by visiting https://www.pasa-uk.com/accreditation/
The Society of Pension Professionals