The Department for Work and Pensions will launch a consultation into smoothing the discount rates used to calculate scheme liabilities, in a move that could knock billions off deficits.
The Autumn Statement revealed the DWP will consult on whether companies undergoing valuations in 2013 or later should be able take a longer-term view of projected returns. The Autumn Statement s...
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
