The Pensions Research Accountants Group - IFoA representative
The Pensions Research Accountants Group, based in Central London is planning to launch a cross industry working party to undertake research and to report to the wider pensions industry. They have invited the IFoA to appoint a representative and we are therefore seeking expressions of interest from members who would like to be considered for this role.
The draft objectives of the working party are:
- to identify all sources of existing guidance and references to pension scheme requirements on this area
- to obtain and consider the various mechanisms and vehicles that we currently see whereby trustees and schemes provide this information to stakeholders
- to ascertain where the statutory disclosure requirements end and voluntary disclosure begins. (This is a key area to tie into the SORP working party development)
- to identify examples of good practice in this area
- consider how the needs of disclosure in this area vary by size and profile of scheme
- to produce a discussion paper on these findings and assess the industry need / appetite for additional guidance.
Time Commitment: It is envisaged that the research would take place over the next 12 months and for a report to be issued in the summer/ autumn of 2014. Meetings will be held in London but there is no requirement to attend in person, dial in details will be provided to allow attendance by conference call.
How to offer support: If you feel that you have the relevant experience and expertise to represent the IFoA on this cross-practice working party at the Pensions Research Accountants Group please contact Debbie Atkins, Head of Volunteer Engagement. When contacting Debbie please provide details of your relevant experience and brief reasons for wishing to be involved. A note of your ARN would also be helpful.