We are calling on actuaries in the pensions practice area to respond to a consultation on IFoA regulation relating to CDC pension schemes.
We have published proposals approved by the Regulation Board to introduce a new Practising Certificate (PC) for members appointed as the scheme actuary to a CDC pension scheme.
The proposals include:
- A revised Actuarial Profession Standard (APS) P1: Duties and Responsibilities of Members undertaking work in relation to pension schemes, which extends requirements to CDC scheme actuaries hanges to the new PC Scheme.
- The consultation will close on Monday 24 October.
- You can read the consultation document online at bit.ly/IFoA_Consults. Responses should be submitted by email.
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