Technical provisions: Difference between revisions
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== See also == | == See also == | ||
* [[Code of | * [[Code of practice]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
Latest revision as of 12:21, 2 July 2022
Pensions.
According to the relevant Code of Practice: 'Technical provisions is the name given to an actuarial valuation of the scheme’s benefits earned to date using a method and assumptions chosen prudently by the trustees after taking actuarial advice and with the agreement of the employer'.
