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 version
| Name | AS TM1: Statutory Money Purchase Illustrations v5.0 (from 1 October 2023) |
|---|---|
| Publication date | 7 October 2022 |
| Format | PDF, 389.5 KB |
| Name | Erratum AS TM1v5.0 |
| Publication date | 29 August 2023 |
| Format | PDF, 72.6 KB |
| 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 has launched a consultation on revising AS TM1 to update the accumulation rate assumptions to be used.
The consultation is open for feedback until 4 December 2023.
Past publications
| Name | AS TM1 Accumulation Rates - Technical analysis as at 30 September 2022 (January 2023) |
|---|---|
| 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 |
| Name | Rationale for change - Version 4.2 of AS TM1: Statutory Money Purchase Illustrations (October 2016) |
| Publication date | 3 October 2016 |
| Type | Minutes |
| Format | PDF, 444.2 KB |