Good practice when choosing assumptions for defined benefit pension schemes with a special focus on mortality. Consultation by the Pensions Regulator

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The Actuarial Profession welcomes the opportunity to comment on this consultation. We are fully supportive of your aim to provide good practice when choosing mortality assumptions for defined benefit pension schemes. We too support the need for mortality assumptions to be, as far as possible, evidence based and clearly and transparently communicated. We set out below some general points for consideration.