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Exposure Draft – Revisions to the Practice-Specific Standards for Pension (Part 3000) (redlined)

Group: Actuarial Standards Board

Publication date: 21-09-2021

Version: Draft

Language available: Bilingual

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The Actuarial Standards Board (ASB) has established three designated groups (DGs) to review the Standards of Practice, Part 3000. The review has been split amongst three DGs, each with a separate mandate:

Mandate 1: Measurement of benefit security and fiduciary responsibility.
Mandate 2: Meaningful stress testing.
Mandate 3: Full review of the standards excluding what is covered by mandates 1 and 2. In addition, the mandate also included potentially incorporating the annuity purchase guidance into Part 3000.

This exposure draft (ED) proposes changes to the practice-specific standards for pensions (Part 3000).

Categories: Practice

Types: Standards of Practice

Topics: Pensions

Pages: 81

Format: PDF

Accession no.: 221102rl