Kerrin Rosenberg: DB asset/liability modelling is hopelessly optimistic

Stephanie Baxter
clock • 3 min read

The school of thought that says there is no sustainability problem with defined benefit (DB) schemes is based on assumptions very far off from what actually happened over the past three decades, according to Cardano's chief executive officer.

Speaking at PP's Investment Conference in London on 1 November about why he believes there is a crisis in DB, Kerrin Rosenberg said asset and liability modelling has been an "incredibly misleading ...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Pensions UK calls for PPF administration levy reform

Pensions UK calls for PPF administration levy reform

Trade body said DWP move to charge DB schemes in form of levy without prior warning ‘raises concerns’

Holly Roach
clock 03 July 2025 • 1 min read
DB transfer advice redress payments remain stable

DB transfer advice redress payments remain stable

First Actuarial says Q2 2025 redress remained at 5% of transfer value despite volatility

Jasmine Urquhart
clock 02 July 2025 • 1 min read
Tender Watch: Royal London appoints Procentia

Tender Watch: Royal London appoints Procentia

Firm partners with admin company to support BPA solution

Professional Pensions
clock 30 June 2025 • 1 min read
Trustpilot