News: Farr follows on from Waddingham as ACA chairman.

Pensions Week, May, 2006

The Association of Consulting Actuaries (ACA) has elected Watson Wyatt senior actuary Ian Farr as its chairman.

He will succeed Adrian Waddingham, senior partner at Barnett Waddingham, when he takes up his position on June 1.

Farr said these are extremely testing times for employers and pension scheme trustees. He added: "The ACA has been seriously concerned at the public policy decisions made over the last two decades that have undermined workplace provision - which is now in serious decline. This is deeply troubling in terms of the fragile pension outcomes for millions of our citizens in the years ahead."

Farr said his and the ACA's challenge was to ensure the next set of reforms encourage the promotion of workplace plans that are better...

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