The Chairman of the Financial Reporting Council, Sir Christopher Hogg, has today announced the appointment of Keith Barton to the Board for Actuarial Standards (BAS). The appointment is effective from 1 June 2010.

Sir Christopher said:

“I am very pleased to welcome Keith to the Board for Actuarial Standards. Keith brings many years of pensions experience to the BAS in this crucial year when key Technical Actuarial Standards, including one covering pensions work, are scheduled to be produced.”

Keith Barton has worked for Hewitt (formerly Bacon & Woodrow) since 1979 and has been a Fellow of the Institute of Actuaries since 1981. He is scheme actuary to several large pension schemes as well as a number of medium and smaller sized schemes. Keith is currently Chairman of the Association of Consulting Actuaries; his term of office coming to an end on 31 May 2010.

1. The Financial Reporting Council (FRC) is the UK's independent regulator responsible for promoting confidence in corporate reporting and governance. Its functions are exercised principally by its operating bodies (the Accounting Standards Board, the Auditing Practices Board, the Board for Actuarial Standards, the Financial Reporting Review Panel, the Professional Oversight Board and the Accountancy and Actuarial Discipline Board) and by the FRC Board. The Committee on Corporate Governance assists the Board in its work on corporate governance.
2. The Board for Actuarial Standards has a primary objective of promoting competence and transparency of actuarial practice by establishing and improving actuarial technical standards and ensuring that they are coherent, consistent and comprehensive.
3. All media enquiries should be addressed to Jon Hooper, telephone 020 7492 2344 or at j.hooper@frc.org.uk