The Trustee has to carry out a formal financial assessment called an actuarial valuation at least once every 3 years to check how the Scheme is doing. We shared the results of the 2020 actuarial valuation with employers in a recent newsletter, which you can find here. Further information can be found in the employer portal
You can listen to Kate Yates, CEO of Plumbing Pensions, talk about the 2020 actuarial valuation and what the valuation results mean for employers here.
We ran a webinar for employers and their representatives about the 2020 actuarial valuation and other interesting topics on 5 February 2021. You can watch the webinar here.
Share your views
Employers were asked to share their views on the 2020 actuarial valuation. The consultation closed on 19 February 2021. Thank you to all the employers who sent us feedback.