2.1 In this chapter, the PRA proposes changes to reporting requirements to support a better understanding of schemes' risk profiles, improve consistency, and ensure a level playing field for firms.

2.2 The proposals in this chapter would result in amendments to:

• the Reporting Pillar 2 Part of the PRA Rulebook (Appendix 1);

• SS32/15 'Pillar 2 reporting, including instructions for completing data items FSA071 to FSA082, and PRA111' (Appendix 2);

• FSA081 template (Appendix 3); and

• the associated FSA081 instructions (Appendix 4).

2.3 This chapter is relevant to banks, building societies, and PRA-designated investment firms.

Proposals

Amendments to Pillar 2 reporting templates and instructions

(i) Template

2.4 The PRA proposes to add the following entries to the FSA081 template:

• a new asset category for insured annuities;

• two new entries for the life expectancies assumed for current and future pensioners; and

• a tick box to confirm the latest funding valuation documentation has been submitted alongside the FSA081 template.