Pensions and growth: smoothing of assets
Call for evidence on whether to smooth assets and liabilities in scheme funding valuations and whether to introduce a new statutory objective for the Pensions Regulator.
Detail
This call for evidence asked for views on:
- whether the smoothing of assets and liabilities would be appropriate in schemes undertaking technical provisions (part 3) valuations, considering impacts on members, sponsoring employers and the Pension Protection Fund
- how smoothing might be applied
- whether a new statutory objective for the regulator is necessary, or whether the appropriate considerations can be delivered under existing objectives, or alternatively whether other changes to the legislation are required.
Documents