Technical Actuarial Standards Post Implementation Review

Published: 9 March 2021

Response deadline: 7 May 2021

Consultation document
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Title Post Implementation Review Technical Actuarial Standards
Format pdf, 474.8 KB
The Financial Reporting Council (FRC) is carrying out a post implementation review of the Technical Actuarial Standards (TASs) and has issued a call for feedback for the current Framework for TASs, Technical Actuarial Standard 100 (TAS 100), and potential actuarial standards in relation to IFRS 17.

The post implementation review of the TASs and other actuarial standards is being carried out to ensure they continue to support the delivery of high-quality technical actuarial work and satisfy the Reliability Objective.

The nature and extent of technical actuarial work and the environment in which actuaries operate has evolved considerably since the publication of the TASs in 2016.

The call for feedback closes on 5pm, Friday, 7 May 2021.

The FRC received 21 responses to the February 2021 Technical Actuarial Standards (TAS) Post Implementation Review (PIR) Call For Feedback (CFF), and per FRC policy the 16 non-confidential responses are published as follows.
Responses received
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Title AndrewDSmith
Format pdf, 196.8 KB
Title Aon
Format pdf, 837.5 KB
Title AssociationOfBritishInsurers
Format pdf, 68.4 KB
Title AssociationOfConsultingActuaries
Format pdf, 203.5 KB
Title DalriadaTrusteesLimited
Format pdf, 277.9 KB
Title FirstActuarial
Format pdf, 101.7 KB
Title GovernmentActuarysDepartment
Format pdf, 231.2 KB
Title GrantMitchell
Format pdf, 26.1 KB
Title InstituteAndFacultyOfActuaries
Format pdf, 288.5 KB
Title InstituteAndFacultyOfActuariesGeneralInsurancePricingResearchGroup
Format pdf, 78.7 KB
Title LaneClarkAndPeacock
Format pdf, 95.3 KB
Title Mercer
Format pdf, 132.4 KB
Title PricewaterhouseCoopers
Format pdf, 420.2 KB
Title SpenceAndPartners
Format pdf, 271.4 KB
Title WillisTowersWatsonInsuranceConsultingAndTechnology
Format pdf, 32.3 KB
Title WillisTowersWatsonRetirementPractice
Format pdf, 81.5 KB

Consultation status: closed