Following the surprise announcement in the 2014 Budget that pensions will become more flexible, the IFoA has published a policy paper for pensions. This reflects the views of the Life and Pension Boards, and was approved by the Public Affairs and Communications Committee.
Philip Doggart, policy manager, undertook a number of visits to regional societies in May and June to better garner the views of regional UK members and promote the paper. These meetings have seen participation by more than 300 members.
"The pensions policy paper is a road map that sets out the IFoA's position on pensions following the 2014 Budget. It clearly highlights our priorities and concerns. Work will be undertaken by volunteers on the Boards and within working parties over the coming months to thoroughly investigate the challenges, opportunities and implications of the new flexible pensions regime, with full support from the Executive," he said.
To play a part in further developing the pensions policy narrative outlined in this document, contact Debbie Atkins ([email protected]) or the Pensions and Life Boards at the IFoA.
To read the paper go to bit.ly/SBSf3g