Investors are adding around 20% to defined benefit (DB) pension liabilities when valuing a company, a study of share prices has revealed.
Llewellyn Consulting's report The Influence of DB pensions on the market valuation of the Pension Plan Sponsor - which used data from 2006-2012 - showed investor valuations of FTSE 100 companies im...
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