FRC consults on changes to TAS 310 for multi-employer CDC schemes

The Financial Reporting Council (FRC) has opened a consultation on updates to Technical Actuarial Standard (TAS) 310, the framework designed to support fairness and transparency in collective defined contribution (CDC) pension schemes. The regulator said the proposed changes are intended to keep TAS 310 fit for purpose as the CDC market develops in line with recent legislation. The legislation allows multiple, unrelated employers to participate in a single collective pension arrangement, a move that cou ...