Technical Actuarial Standards Post Implementation Review
09 March 2021
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.