TAS300 V2 : A Trigger for a Rethink
Technical Actuarial Standard 300 V2 came into force in April 2004
Actuaries advising schemes and sponsors on bulk transfers and journey plans which lead to them must consider credible alternatives. They have to provide evidence that the work has been carried out. Run On 4 Good is a credible alternative.
The switch from the PPF to the FSCS safety net has a steadily declining worth, yet it is central to the case for bulk transfers. The maths is very rarely set out. Now, with the probability of more from discretionary payments from surpluses being high and the probability of less remote, trustees need those numbers. C-Suiteps Analytics addresses the subject.
You should ensure your pension scheme consultants address the relevant information that you have a duty to consider.
TAS300 V2 is a timely challenge to actuarial thinking and to the risk transfer industry.
Defined Benefit pension scheme public policy has changed. Endgame thinking has dated.
Actuaries advising schemes and sponsors on bulk transfers and journey plans which lead to them must consider credible alternatives. They have to provide evidence that the work has been carried out. Run On 4 Good is a credible alternative.
The switch from the PPF to the FSCS safety net has a steadily declining worth, yet it is central to the case for bulk transfers. The maths is very rarely set out. Now, with the probability of more from discretionary payments from surpluses being high and the probability of less remote, trustees need those numbers. C-Suiteps Analytics addresses the subject.
You should ensure your pension scheme consultants address the relevant information that you have a duty to consider.
TAS300 V2 is a timely challenge to actuarial thinking and to the risk transfer industry.
Defined Benefit pension scheme public policy has changed. Endgame thinking has dated.