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October 2016 AS TM1: Statutory Money Purchase Illustrations

StandardActuarial PolicyOctober 2016AS TM1: Statutory Money Purchase IllustrationsVersion Reporting CouncilThe FRC is responsible for promoting high quality corporate governance and reporting to foster investment. We set the UK Corporate Governance and Stewardship Codes as well as UK standards for accounting, auditing and actuarial work. We represent UK interests in international standard-setting. We also monitor and take action to promote the quality of corporate reporting and auditing. We operate independent disciplinary arrangements for accountants and actuaries, and oversee the regulatory activities of the accountancy and actuarial professional FRC does not accept any liability to any party for any loss, damage or costs howsoever arising, whether directly or indirectly, whether in contract, tort or otherwise from any action or decision taken (or not taken) as a result of any person relying on or otherwise using this document or arising from any omission from it.

Financial Reporting Council 4 legislation Legislation governing the provision of statutory illustrations including but not limited to: a) the Pension Schemes Act 1993 (c.48) Section 113; b) the Occupational and Personal Pension Schemes (Disclosure of

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  Personal, Occupational, Schemes, Pension, Disclosures, Pension schemes, Disclosure of, The occupational and personal pension schemes

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