Professional Standards Directory: 2007 Updates

2007 Updates

Update 11

Issued 30 November 2007

GN20: Actuarial Reporting under the Lloyd's Valuation of Liabilities Rules

 

Read revised version

   

Update 10

Issued 30 October 2007

Actuarial Profession Standards (formerly known as MAP)

 

GN5: The prudential supervision outside the UK of long-term insurance business - version 3.1

 

Read the full update together with a letter from the Chairman of the Life Board

   

Update 9

Issued 20 June 2007

Professional Conduct Standards (PCS) - version 3.0 comes into effect on 1 August 2007

 

Read the full update

   

Update 8

Issued 11 April 2007

GN11: Retirement benefit schemes - transfer values - version 9.2, effective 30 December 2006

 

GN19: Retirement benefit schemes - winding-up and scheme asset deficiency - version 4.7, effective 3 September 2005

 

GN28: Retirement benefit schemes - adequacy of benefits for contracting-out - version 2.1, effective 29 July 2006

 

GN49: Occupational pension schemes - scheme funding matters on which advice of actuary must be obtained - version 2.0, effective 30 December 2005

 

GN51: Retirement benefit schemes - modification of subsisting rights without consent - version 1.1, effective 6 November 2006

 

Technical Memorandum (TM1): Statutory money purchase illustrations - version 1.2, effective 1 November 2006

 

Read the full update

   

Update 7

Issued 27 February 2007

GN29: Occupational pension schemes - Advisers to the Trustees - version 7.0 comes into effect on 1 April 2007

 

Read the full update

   

Update 6

Issued 19 January 2007

GN46: Individual capital assessment - version 2.0 BAS amendment 1

 

Read the full update