Increases in inflation assumptions have increased scheme liabilities by £100bn but are still failing to keep pace with market assumptions, experts say.
KPMG's Pensions Accounting Survey, published today, revealed about £100bn was added to balance sheet liabilities by assuming an average long-term inflation rate of 3.6% per annum at December 31 las...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date