Test-Achats: are the days now numbered for sex-specific actuarial factors?

Topic:

Actuarial consulting

Date published:

01/04/2011

On 1 March 2011, the European Court of Justice (ECJ) passed judgment on the Test-Achats case. This case was widely reported in the press for its impact on insurance premiums which will need to be equal for men and women from 21 December 2012. Although it concerned insurance contracts, the case could also potentially affect UK occupational pension schemes.

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Test-Achats: are the days now numbered for sex-specific actuarial factors?