Funeral Plans Technical Actuarial Standard (TAS 400)
TAS 400 Funeral Plans Technical Actuarial Standard
Introduction
TAS 400 contains the requirements for technical actuarial work in relation to funeral plans and must be applied by all members of the Institute and Faculty of Actuaries (IFoA) for technical actuarial work in its scope. Wider adoption is encouraged and other relevant regulators and contracting parties may require entities and individuals who are not members of the IFoA to comply with TAS 400.
Current version
| Name | TAS 400: Funeral Plans v3.0 |
|---|---|
| Publication date | 10 July 2023 |
| Effective from | 17 July 2023 |
| Type | Standard |
| Format | PDF, 228.9 KB |
Latest consultation on TAS 400
The FRC launched a consultation on revising TAS 400 following the transfer of funeral plan authorisations and supervision from the Funeral Planning Authority to the Financial Conduct Authority.
The proposed revisions included new requirements for actuaries' responsibilities, such as approvals and transfers.
Older consultations can be found on the FRC consultations page.
Past versions
| Name | TAS 400 - Funeral Plan Trusts v2.0 |
|---|---|
| Publication date | 24 July 2020 |
| Type | Standard |
| Notes | This standard applies to technical actuarial work completed on or after 1 December 2020 and before 17 July 2023. |
| Format | PDF, 519.4 KB |
| Name | TAS 400: Funeral Plan Trusts v1.0 |
| Publication date | 14 December 2016 |
| Type | Standard |
| Notes | This standard applies to technical actuarial work completed on or after 1 July 2017 and before 1 December 2020. |
| Format | PDF, 201.4 KB |
| Name | Glossary of defined terms used in FRC technical actuarial standards |
| Publication date | 14 December 2016 |
| Notes | This glossary applies to all technical actuarial work completed on or after 1 July 2017 and before 1 July 2023. |
| Format | PDF, 286.2 KB |
Older versions of the standards are available on request by emailing [email protected].