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Dr Cooper also Chairs the Self Administered Pension Scheme Committee of the Continuous Mortality Investigation, and contributes to the work of the Association of Consulting Actuaries, through its pensions committee.
He has served as: President, Conference of Actuaries in Public Practice; Vice-President, American Academy of Actuaries; Member, Board of Governors of the Society of Actuaries; and contributing author/founding member, International Association of Consulting Actuaries.
The Association of Consulting Actuaries (ACA) found that less than 1 in 5 firms with 250 employees or fewer are aware of the detail of the auto-enrolment regulatory regime, guidance and employers' duties.
Bold government action to reinvigorate workplace pensions was called for by the Association of Consulting Actuaries (ACA).
According to the Association of Consulting Actuaries (ACA), tough economic times are forcing people to put aside less in existing pension funds, whilst far too few employers are preparing for the arrival of auto-enrolment, which is due to begin in October 2012.
A separate survey by the Association of Consulting Actuaries showed that 54% of 404 small and medium-sized firms polled believed the reforms will "significantly add to costs" while 29% said they may cut pension contributions as a result.
Around 96 per cent of firms employing 250 or less people that do not have a pension scheme said they were put off offering one because of the costs involved, according to the Association of Consulting Actuaries.
The Association of Consulting Actuaries says 35% of smaller firms expect employees to opt out of pension provision, with 84% saying the cost would put them off, while two-thirds thought their staff were disillusioned with pensions.