Actuarial Advice definition

Actuarial Advice means advice from the actuary.
Actuarial Advice means advice given by:
Actuarial Advice means advice received from a Fellow of The Institute and Faculty of Actuaries in the United Kingdom or a firm of such Fellows, or a suitably qualified firm located elsewhere.

Examples of Actuarial Advice in a sentence

  • Before making any changes to the Principles or the Practices the Directors will obtain Actuarial Advice.

  • RL may vary its approach to smoothing upon receiving Actuarial Advice.

  • The final bonus scale is determined by the Directors upon receiving Actuarial Advice.

  • Other changes to final bonus and MVR scales are determined subject to the formal approval of the Directors upon receiving Actuarial Advice and may be made at any time.

  • Historical assumptions or parameters may not be changed unless the Directors upon receiving Actuarial Advice consider changes are required to correct errors, to reflect new information or to maintain fairness between policyholders and the effect of the change on asset shares would be material.


More Definitions of Actuarial Advice

Actuarial Advice means actuarial work performed by members of the Actuarial Society of South Africa.
Actuarial Advice means the advice given by the Plan Actuary;
Actuarial Advice means the advice given by the Scheme actuary;
Actuarial Advice means advice given by a Fellow of the Institute of Actuaries or by a Fellow of the Faculty of Actuaries (or if applicable by an incorporated body making available the advice given to it by a Fellow of the Institute of Actuaries or by a Fellow of the Faculty of Actuaries)
Actuarial Advice has been taken on the funding of the Macaw (Soft Drinks) Directors' Pension Plan and the Macaw (Soft Drinks) Executive Pension Plan and contributions have at all times been paid in accordance with the rates recommended by the actuary. The latest actuarial valuation of the Macaw (Soft Drinks) Directors' Pension Plan has been delivered to the Purchaser.
Actuarial Advice means advice from the With-Profits Actuary and/or the Actuary, as appropriate;
Actuarial Advice means advice given by an Actuary, a firm of Actuaries or an Actuary employed by a body corporate or firm, who or which is appointed by the Trustees.