Firms at risk of overstating liabilities by £45bn

‘Lack of consideration’ of the pandemic’s full impact is leading to overstating liabilities

Holly Roach
clock • 2 min read
XPS said the impact of Covid-19 on life expectancy is not being taken into account by companies
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XPS said the impact of Covid-19 on life expectancy is not being taken into account by companies

UK companies are at risk of overstating pension liabilities by up to £45bn, according to research by XPS Pensions Group.

The consultant said the impact of Covid-19 on life expectancy is not being taken into account by companies, and a "lack of consideration" of the pandemic's full impact is leading to corporate balance sheets...

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