STV slashes liabilities with bespoke mortality exercise

clock

Broadcaster STV has shaved £5m from its projected scheme liabilities with an innovative mortality research exercise that reduced life expectancy assumptions by 1.2 years.

The exercise involved surveying members of the Caledonian Publishing Pension Scheme to build up a detailed picture of their state of health. The firm then took this information to life companies...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

DWP pledges statutory override and low-dependency target to make surplus release easier

DWP pledges statutory override and low-dependency target to make surplus release easier

Government publishes Options for DB Schemes consultation response

Jonathan Stapleton
clock 29 May 2025 • 3 min read
Majority of industry expects 'material' surplus from DB schemes, says SPP

Majority of industry expects 'material' surplus from DB schemes, says SPP

SPP survey finds 77% say they expect DB schemes to have a surplus of 5% or more

Martin Richmond
clock 28 May 2025 • 2 min read
DB transfer values hit another record low in April, XPS finds

DB transfer values hit another record low in April, XPS finds

Firm’s Transfer Value Index recorded lowest ever month-end figure for second consecutive month

Holly Roach
clock 28 May 2025 • 1 min read
Trustpilot