Exposure Draft of Retirement Benefit Schemes—Transfer Values and Report on Developing a Private Sector Transfer Club

Extract

1.1. These guidelines apply to the bases of calculation of individual transfer values from retirement benefit schemes and to the assessment of benefits in such schemes in respect of incoming transfer payments.

1.2. The guidelines apply whether the actuary is acting as an individual, as a partner, as a director of a corporate body or in the course of his employment.