22 May 2023
The Financial Reporting Council (FRC) is conducting a consultation on proposed revisions to Technical Actuarial Standard 300 (TAS 300) and the introduction of Technical Actuarial Standard 310 (TAS 310).
The鈥痯roposed revisions to TAS 300鈥� include requirements for providing advice on setting actuarial factors and for bulk transfer exercises including buyout transactions with an insurer and transfers to a pension superfund. See
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The proposed TAS 310 sets out the standards for actuarial work in relation to collective money purchase pension schemes to reflect the legislative framework for this new type of pension scheme. See
The aim of these proposed changes is to ensure that the actuarial standards in relation to pensions reflect developments in the pension industry.
The FRC will be hosting a webinar on the proposed revisions at 15:00 on 31 May. You can register at
Find out more about the consultation and how to take part on the .
The consultation closes on 4 August.