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Administration October 12, 2009
UK Regulators Revamp Plan Valuation Report
October 12, 2009 (PLANSPONSOR.com) - The U.K.
Pensions Regulator has announced a revamped plan valuation
summary form that is typically submitted with a plan recovery
document.
Reported by Fred Schneyer
A news release said the changes will make it easier for the regulator to review recovery plans and will also bring the mortality information requested more in line with the plan return.
The announcement said plans with valuations with an
effective date before September 22, 2008, should continue
using the current form that is available
here
.
However, for plan valuations with an effective date from
September 22, 2008, the new form is to be used if the
documents are to be submitted on or after November 9,
2009. Plans turning in the forms before November 9 may
use either the new or the existing version, the agency
said.
The new form is available here .
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