'Arbitrary' actuarial assumptions leading to 20pc swings in liabilities

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"ENORMOUS" unexplained variations in actuarial valuations are leading to swings in liabilities of as much as 20pc, research by PricewaterhouseCoopers reveals.

The financial services firm said that its annual survey of actuarial assumptions – covering 90 UK schemes with almost £200bn of assets – uncovered that life expectancy predications differ by up to ...

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