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

2018 consultation on assumptions

In August 2018, 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 August 2018. The consultation closed on the 21 September, and we implemented changes that came into effect from 13 June 2018 for section 143 valuations and from 1 November 2018 for section 179 valuations.