The UK's biggest companies could be understating liabilities by as much as £40bn by failing to use up-to-date life expectancy estimates, Pension Capital Strategies warns.
The risk management firm’s quarterly report on pension disclosures revealed the total deficit of FTSE100 pension schemes was £2bn at September 30 – down from £46bn a year earlier. But it warned...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date