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In forceFriendly societies outside Solvency UKLast checked 11 November 2026

Friendly society three-yearly actuarial valuation (FSC2)

A regulatory return listed by the Bank of England (PRA), insurers, United Kingdom.

The results of the actuary's investigation into the society's financial condition every three years: a valuation of its insurance liabilities and the surplus of assets over them, with a statement of solvency, a summary of the actuary's report and signed certificates. Source

Official title: FSC2 return

The facts

Who files
Non-Directive friendly societies (Friendly Society - Reporting 1.1), other than flat rate benefits business friendly societies and partnership pension societies. Source
How often
Every third financial year (Friendly Society - Reporting 2.1). Source
Deadline
Within 6 months of the end of the period to which it relates (Friendly Society - Reporting 2.2). Source
Format
Excel, Other. Forms in the Bank's Excel workbook (Friendly Society - Reporting 4.1), deposited by post to the Bank's Regulatory Data Group or by electronic means made available by the PRA (2.2). Societies are strongly encouraged to use BEEDS. Source
How it is filed
Filing routes recorded for the PRA: BEEDS (Bank of England Electronic Data Submission portal); Email to the Bank's insurance data mailbox. See how firms file with the PRA.
Status
In force
Legal basis
Group
Friendly societies outside Solvency UK

Templates (5)

The tables and forms inside the return. Plain name first, the PRA's code in brackets.

  • Front sheet: periodic investigation, long term and general insurance business (FSC2)
  • Statement of solvency (Form 9)
  • Descriptive section (synopsis of the actuary's report) (Form 9A)
  • Actuary's certificate (Form 9B)
  • Signatures (Form 9C)

Sheets of the Bank's workbook; rule 3.1 requires Forms FSC2, 9, 9A, 9B and 9C and consent to placing the return on the society's public file. Source

Validation rules

No published validation rules were found for this return. Source

Public data

No published data from this return was found. The return must include the society's consent to it being placed on its public file, the file the FCA keeps under section 104 of the Friendly Societies Act 1992 (Friendly Society - Reporting 1.2 and 3.1). No data from the return was found published by the Bank. Source

Official documents (3)

The PRA's own files, with the size and SHA-256 fingerprint of each as downloaded on 11 November 2026, so anyone can tell whether a copy is the same version.

Sources

Every page and document this return's facts were read from.

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Last checked 11 November 2026.