EUROPE - Standard & Poor's Ratings Services says that many top European companies are still not consistently disclosing their assumptions on future increases in pensionable earnings.
The projected benefit obligation (PBO) identifies the effect of future compensation increases on already-earned benefit payouts. In addition, too many companies still do not disclose other actua...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- 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