Response to s143 valuation assumptions consultation
In March we published a consultation on changes to the actuarial assumptions required for valuations carried out under sections 143, 152, 156, 158 and 179 of the Pensions Act 2004.
The consultation lasted six weeks and there were nine responses, from the eight companies/organisations listed in the full response document and one individual respondent.
Following consideration of the responses, which were generally supportive, we decided to implement the proposed guidance for section 143 and section 152 valuations in line with the consultation document. The new assumptions guidance takes effect from 31 May 2024.
View the updated valuation and assumptions guidance documents (versions B11 / H9 for section 143 and version D6 for section 152).