Global firms may be underestimating their defined benefit (DB) liabilities by "tens of billions of euros" because of differing longevity across the countries in which they operate, LCP warns.
According to the firm's 2014 Global Benefits Update, there are "sharp differences" of up to five years in life expectancy assumptions between European countries, which has "profound implications" for multinational...
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Alan Pickering says politicians should have the freedom to redefine what is meant by 'absolute'
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.