Papers and reports

Standard tables of mortality based on the 1991-94 experiences; The distribution of policies per life assured

Benchmark funding level for salary related occupational pension schemes to protect members’ accrued rights in the event of the sponsoring employer becoming insolvent. Protection at a level to enable pensions in payment to continue in full (excluding future discretionary increases) and give non-pensioners a reasonable expectation of receiving benefits at a level that would have been paid if they had become deferred members and the scheme continued as an ongoing scheme.

This paper takes an overview of the potential roles and responsibilities of pension scheme actuaries in the United Kingdom in relation to defined contribution (DC) schemes.

First it summarises briefly the background to UK retirement provision and in particular the move to DC arrangements. The paper then compares and contrasts the pension scheme actuary's current role in both defined benefit (DB) and DC schemes. This is then developed to consider what further statutory roles there may be for actuaries in DC schemes.

The mortality of holders of permanent (whole life and endowment) policies of assurance 1991-94; The mortality of holders of temporary assurances issued in the United Kingdom, 1991-94; The mortality of immediate annuitants, holders of retirement annuity policies, and holders of personal pension plans 1991-94; The mortality of pensioners in insured group pension schemes 1991-94; The mortality of smokers and non-smokers 1991-94; The mortality of impaired assured lives, 1983-94; Proposed new tables for life office pensioners, normal, male and female, based on the 1991-94 experiences; Sickness e