SATs accounting spreads add 10% to liabilities

clock

Self-administered trusts used for non-academic university staff are using a 45 basis point spread on discount rate assumptions for different schemes, potentially adding millions to liabilities.

Research from consultant Mercer shows the diverse discount rate assumptions used by SATs ranged from 5.2% a year to 5.65% a year for different schemes, a spread which would add an extra 10% to sche...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

News Digest: Nest expects to lift private assets to 30% of holdings

News Digest: Nest expects to lift private assets to 30% of holdings

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 20 February 2024 • 1 min read
Buzz: Should people be allowed to borrow money from their pension?

Buzz: Should people be allowed to borrow money from their pension?

Pension borrowing, hybrid working, scheme surpluses and member engagement

Professional Pensions
clock 20 February 2024 • 1 min read
Bravura returns to profitability in H1 amid business 'reset'

Bravura returns to profitability in H1 amid business 'reset'

Gross revenues of pension administration and dashboard provider up 7.4%

Jenna Brown
clock 20 February 2024 • 1 min read
Trustpilot