Actuarial Standard Technical Memorandum: AS TM1
AS TM1 Actuarial Standard Technical Memorandum
Introduction
Actuarial Standard TM1 specifies the actuarial assumptions and methods to be used in the calculation of Statutory Money Purchase Illustrations (SMPIs).
Current versions
Name | AS TM1: Statutory Money Purchase Illustrations v5.0 (from 1 October 2023) |
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Publication date | 7 October 2022 |
Format | PDF, 389.5 KB |
Name | AS TM1: Statutory Money Purchase Illustrations v5.1 (from 6 April 2024) |
Publication date | 9 February 2024 |
Effective from | 6 April 2024 |
Type | Standard |
Format | PDF, 3.6 MB |
Name | AS TM1 Statutory Money Purchase Illustrations Version 5 Guidance (Revised 2023) |
Publication date | 21 June 2023 |
Format | PDF, 319.0 KB |
Consultation on AS TM1 v5.1
The FRC ran a consultation on revising AS TM1 to update the accumulation rate assumptions to be used. This consultation closed on 4 December 2023 and the FRC’s feedback on the consultation is available on the consulation's page.
Past publications
Name | AS TM1 Accumulation Rates - Technical analysis as at 30 September 2022 (January 2023) |
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Publication date | 27 January 2023 |
Format | PDF, 400.7 KB |
Name | AS TM1: Statutory Money Purchases Illustrations : Feedback Statement and Impact Assessment |
Publication date | 7 October 2022 |
Format | PDF, 2.8 MB |
Name | AS TM1 Accumulation Rates – Technical Analysis as at 31 August 2021 |
Publication date | 7 October 2022 |
Format | PDF, 2.3 MB |
Name | AS TM1: Statutory Money Purchase Illustrations: Version 5.0 Guidance |
Publication date | 7 October 2022 |
Format | PDF, 1.5 MB |
Name | AS TM1: Statutory Money Purchase Illustrations: Version 4.2 (October 2016) |
Publication date | 3 October 2016 |
Type | Standard |
Format | PDF, 171.5 KB |