UK - Uncertainty in inflation assumptions may have led FTSE 350 companies to collectively overstate or understate their pension liabilities by as much as £40bn (US$59.4bn), according to Mercer.
Mercer found that at the end of March the long term price inflation assumptions of the FTSE 350 varied by 0.8%, from 2.6% to 3.4% a year. Mercer principal Warren Singer said: "Either extreme cou...
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