Learn what this new requirement might mean for your plan.
New Professional Standard for Actuaries Reinforces Need for Pension Risk Assessments
Assessing Retirement Plan Risk Should Help Users of Actuarial Reports Better Understand the Risks
A new Actuarial Standard of Practice (ASOP) known as ASOP No. 51 takes effect later this year. It requires actuaries to identify and assess risks that may reasonably be anticipated to differ from the assumptions and may significantly affect a pension plan’s future financial condition.
Which actuarial services will be affected by the new standard?