Pensions - Articles - PPF publish responses to actuarial assumptions consultation

PPF publishes response to section 143 and section 179 actuarial assumptions consultation

 The Pension Protection Fund has today confirmed changes to the actuarial assumptions used in section 143 and section 179 valuations.

 The majority of the changes will be in line with the proposals set out in the PPF’s consultation, which ran from 4 February to 18 March, with a slight amendment to the mortality assumptions for s143 valuations.

 The changes will bring the assumptions in line with pricing in the bulk annuity market, and will come into effect from 1 May 2021.

 Read the full response to the consultation, including a summary of the 13 responses received.

 Updated assumptions guidance document for s143

 Updated assumptions guidance document for s179

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