Growing pension liabilities reported in UK plc's company accounts at year end could shock shareholders as the impact of falling bond yields is felt, PricewaterhouseCoopers warns.
The consultant said high AA corporate bond yields during the economic downturn had resulted in improved pension scheme funding positions. However, over the last six months, bond yields had fallen as the...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.