Defined benefit (DB) schemes in the UK pay considerably more to offload liabilities to an insurer than schemes in other countries, according to research from Mercer.
The consultant's Global pension buyout index found UK schemes were paying 23% above the accounting value of liabilities to insure them. This compares poorly with the other four countries in the ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
