Written questions

Workplace Pensions

2026-07-12 · Department for Work and Pensions · HL1953 · Official question

Question

To ask His Majesty's Government which regulatory body oversees the actuarial profession in connection with advice to members, trustees and sponsors of Defined Benefit pension schemes and what mechanism there is for compensation for schemes or members who

Answer

The actuarial profession is regulated by the Institute and Faculty of Actuaries (IFoA) which is the relevant professional body. It is possible to raise a concern or complaint relating to an individual member of the IFoA directly to the IFoA. The Actuaries...