From time to time we consult on possible changes to our actuarial assumptions. You can find details of those consultations and their findings here.
2023 consultation on assumptions
We consulted on possible changes to the actuarial assumptions used for valuations carried out under section 143 and section 179 of the Pensions Act 2004. The six-week consultation closed on 20 February 2023 at 5pm.
The new assumptions are in effect from 1 May 2023 for both section 143 and s179 valuations.