UK - Interim changes to the Minimum Funding Requirement (MFR) now been finalised by the Government represent a reduction of 7.7% in equity-related MFR liabilities, according to consultants William M Mercer.
The effect on a typical MFR valuation, where around half the liabilities might be equity-related, is likely to be an improvement of 3-4% in the MFR funding level. Mercer said: “The fact that the G...
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
