UK - The National Association of Pension Funds (NAPF) and industry have raised concern about the use of new mortality assumptions for defined benefit (DB) schemes, with the NAPF claiming the move is "one step too far".
The NAPF said the use of long cohort models for longevity projections as a 'trigger' for scheme scrutiny, advocated by The Pensions Regulator (TPR), would place unnecessary burdens on trustees, as ...
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