From time to time we consult on possible changes to our actuarial assumptions. You can find details of those consultations and their findings here.

2021 consultation on assumptions

In February 2021, we began a consultation on possible changes to the actuarial assumptions used for valuations carried out under section 143 and section 179 of the Pensions Act 2004.

We ran a six-week consultation on the actuarial assumptions to be used for section 143 and section 179 valuations in February 2021. The new assumptions came into effect from 1 May 2021 for both section 143 and s179 valuations.