We're the Pensions and Lifetime Savings Association; we bring together the pensions industry and other parties to raise standards, share best practice, and support our members. We represent over 1,300 pension schemes with 20 million members and £1 trillion in assets, across master trusts, defined benefit, and defined contribution schemes, and local government funds. Our members also include some 400 businesses which provide essential services and advice to UK pensions providers.
Our mission is to help everyone to 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.
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 SPP is the representative body for a wide range of providers of advice and services to work-based pension schemes and to their sponsors. The SPP's Members' profile is a key strength and includes accounting firms, solicitors, insurance companies, investment houses, investment performance measurers, consultants and actuaries, independent trustees and external pension administrators.
The SPP is the only body to focus on the whole range of pension related services across the private pensions sector and, through such a wide spread of providers of advice and services. It does not represent any particular type of provision or any one interested body or group. Many thousands of individuals and pension funds use the services of one or more of SPP's Members, including the overwhelming majority of the 500 largest UK pension funds. SPP's growing membership collectively employs some 15,000 people providing pension-related advice and services