FSCO began issuing guidance to actuaries in the form of Actuarial Guidance Notes in April, 2011. This page provides a link to the consultation paper which will precede the formal issuance of the second Actuarial Guidance Note. All stakeholders are encouraged to review this document and submit their comments. Submissions must be made within 30 days of the posting date of the consultation paper.
Actuarial Guidance Note # 2 - Determination of the Solvency Liability Adjustment ![[PDF Document]](/Style%20Library/FSCO/Internet/Images/icons/pdf.png "PDF Document")
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This note solicits pension stakeholders’ comments on FSCO’s position on how average interest rates should be determined in situations where there is a change in the Canadian Institute of Actuaries’ Standards of Practice during the averaging period. It will be available for comment until May 3, 2012.
How to Provide Comments
FSCO welcomes comments regarding Actuarial Guidance Notes. There are several ways to submit your comments.
2) You may mail your comments to:
Attention: Pension Policy Unit
Financial Services Commission of Ontario
5160 Yonge Street, Box 85
Toronto ON M2N 6L9
Please include a subject line in your letter referencing “Actuarial Guidance”.
3) You may send your comments by fax to (416) 226-7787. Please include a subject line in your fax referencing “Actuarial Guidance.”
If you need clarifications on the technical aspects of the Actuarial Guidance Note prior to submitting your response, please contact:
George Ma, Chief Actuary
Tel: (416) 226-7785
Email: George.ma@fsco.gov.on.ca
Please note that we will publish the feedback you send us as part of our response to the consultation. If you wish your comments to remain anonymous, please state this explicitly in your response. We will take the necessary steps to meet your request. However, please be aware that, should we receive a formal request under Freedom of Information legislation, we may be required to disclose your response, subject to the Freedom of Information and Protection of Privacy Act.
Final Document
Actuarial Guidance Note #1