Document library
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- Source:
- Sessional Meeting paper
Transfer values. A debate. This house believes that there should be a statutory minimum to cash equivalent transfer values payable from defined benefit pension schemes
TRANSFER VALUES A DEBATE This House Believes that there should be a Statutory Minimum to Cash Equivalent Transfer Values payable from Defined Benefit Pension Schemes [A Debate on the above Motion held by the Institute of ... read more >>
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- Author:
- Pensions Board
Pensions Technical Memorandum 1 (TM1): Statutory Illustrations of Money Purchase Benefits (SMPI) Version 1.0
The overall aim of this document is to provide illustrations of pension benefits on a consistent basis across various types of money purchase pension provision. This is intended to assist individuals to assess in broad terms: the adequacy of their ... read more >>
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- Author:
- Pensions Board
Pensions Technical Memorandum 1 (TM1): Statutory Illustrations of Money Purchase Benefits (SMPI). Illustrations of actual behaviour of alternative methodologies for period 1 January 1986 to 31 December 1998
Four alternative methodologies have been analysed. For each year the illustrated pension on each of the four methodologies has been calculated and compared in graph format. The four methodologies are: long term\; market related\; old TM 1 and new TM 1. ... read more >>
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- Author:
- Pensions Board
Pensions Technical Memorandum 1 (TM1): Statutory Illustrations of Money Purchase Benefits (SMPI) Version 1.0
The overall aim of this document is to provide illustrations of pension benefits on a consistent basis across various types of money purchase pension provision. This is intended to assist individuals to assess in broad terms: the adequacy of their pension ... read more >>
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- Author:
- Peter Tompkins
- Source:
- Pensions Board
Pensions Technical Memorandum 1 (TM1): Statutory Illustrations of Money Purchase Benefits (SMPI) Version 1.0. Second consultation. Covering letter
The Department of Work and Pensions (DWP) and the Faculty and Institute of Actuaries issued a joint Consultation Document on Statutory Illustrations of Money Purchase Benfefits in September 2000. The Government has now issued draft regulations which will ... read more >>
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- Author:
- Pensions Board\; Peter Tompkins
- Source:
- Scheme Actuary letter
GN27 and MFR Specimen Calculations
The Board wishes to clarify a matter relating to the status of the Specimen Calculations 1. It has come to our attention that many scheme actuaries may believe that the steps inherent in those Specimen Calculations must always be strictly followed. That is ... read more >>
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- Author:
- R J Chapman; T J Gordon; C A Speed
- Source:
- Sessional Meeting paper
Pensions, funding and risk
In this paper, we identify the economic system in which occupational pension schemes operate. This system includes all parties to the pension arrangement, particularly the members of the scheme and the shareholders of the sponsoring company. This requires ... read more >>
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GN11: Retirement benefit schemes - transfer values. Version 8.1
This pensions Guidance Note has been adopted by the Board for Actuarial Standards. The latest version is available on the <a href\="http://www.frc.org.uk/bas/actuarial/index.cfm" target\="external">BAS website</a>. MAP/GN11 V8.1 B11.1 GN11: ... read more >>
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- Author:
- Pensions Board
GN11: Retirement benefit schemes - transfer values. Version 8.1. Track changes version
This copy of GN11 shows the track changes between versions 8.0 and 8.1. It is not part of the Manual of Actuarial Practice 1 THIS IS A TRACK CHANGES DOCUMENT AND IS NOT PART OF THE MANUAL OF ACTUARIAL PRACTICE GN11: Retirement Benefit Schemes - Transfer ... read more >>
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- Author:
- Pensions Board
GN26: Pension fund terminology. Version 2.1. Track changes version
This copy of GN26 shows the track changes between versions 2.0 and 2.1. It is not part of the Manual of Actuarial Practice 1 THIS IS A TRACK CHANGES DOCUMENT AND IS NOT PART OF THE MANUAL OF ACTUARIAL PRACTICE GN26: Pension Fund ... read more >>
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- Author:
- Pensions Board
GN26: Pension fund terminology. Version 2.1 [adopted by BAS on 19 May 2006]
This pensions Guidance Note has been adopted by the Board for Actuarial Standards. The latest version is available on the <a href\="http://www.frc.org.uk/bas/actuarial/index.cfm" target\="external">BAS website</a>. MAP/GN26 V2.1 B26.1 GN26: ... read more >>
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- Author:
- Pensions Board\; Peter Tompkins
GN11: Retirement benefit schemes - transfer values. Version 8.1. Covering letter
March 2001 To All Members Dear Member GN 11: Retirement Benefit Scheme – Transfer Values Version 8.0 of GN11 was approved under Fast Track Due Process and came into effect on 1 December 2000. The purpose of the amendments was to include provisions ... read more >>
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- Author:
- Pensions Board\; Peter Tompkins
- Source:
- Scheme Actuary letter
GN11: Retirement benefit scheme - transfer values. Version 8.1. Covering lettter to Scheme Actuaries
I attach a letter which will be sent to all members in a despatch in the week beginning 26 March 2001. Please note that the revised GN11 Version 8.1 will not be available as part of the Manual of Actuarial Practice until it becomes effective on 6 April ... read more >>
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- Author:
- R C Urwin; S J Breban; T M Hodgson; A Hunt
- Source:
- Sessional Meeting paper
Risk budgeting in pension investment
This paper extends the concept of investment efficiency from investment management structures to include strategic asset allocation and liability related issues. The concept of risk budgeting is developed. It represents a valuable way of incorporating risk ... read more >>
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- Author:
- Pensions Board\; Peter Tompkins
GN26: Pension fund terminology. Version 2.1. Covering letter
January 2001 To All Members Dear Member GN 26: Pension Fund Terminology Following publication of the regulations covering pensions sharing on divorce, introduced by the Welfare Reform and Pensions Act 1999, the Pensions Board has revised GN 26: ... read more >>
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- Author:
- R J Chapman; T J Gordon; C A Speed
- Source:
- British Actuarial Journal [BAJ] (2001) 7(4): 605-686
Pensions, funding and risk
In this paper, we identify the economic system in which occupational pension schemes operate. This system includes all parties to the pension arrangement, particularly the members of the scheme and the shareholders of the sponsoring company. This ... read more >>