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ACA expresses concerns over stakeholder


The Association of Consulting Actuaries has expressed serious concerns about the effect of stakeholder and the state second pension on occupational schemes.


The Association says the Green paper offered the opportunity to simplify a complex system but it has actually added another level to the complexity.


It says that while the Government&#39s intentions are correct, stakeholder and the Treasury&#39s Pooled Pension Investment will fail without simplification.


ACA believes the state second pension will suffer from similar problems of over-complexity and the lack of information on contracting out.

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