The IFoA Review Team has published its sixth report Corporate pensions: actuarial advice given to pension scheme sponsors on funding and strategy.
Corporate advice to DB pension scheme sponsors can have a material impact on pension scheme members’ financial security, making this review of significant public interest. The review found that the overall standard of the advice was good, and the report aims to help actuaries further develop their advice in this area.
David Gordon, IFoA Senior Review Actuary, said:
“I would like to thank those actuaries from 15 organisations who agreed to take part in this review, which included scrutiny of 48 examples of advice and in-depth conversations with some of the actuaries involved. I look forward to discussing this report and its findings with regulators and other stakeholders with an interest in corporate pensions advice.”
