Articles - Pensions Support Index: Don’t bet on your defined benefit


PwC's Jonathon Land, Pensions Credit Advisory Leader, Andrew Sentance, Senior Economic Adviser and Sinead Leahy, Pensions Investment Partner discuss the findings from the Pensions Support Index and economic climate. 2016’s political surprises have taken their toll on UK defined benefit pensions. Whilst corporate performance has been respectable (particularly for overseas revenues benefiting from weak sterling), the rush for safe assets has pushed gilt prices up and yields down, hitting the valuation of defined benefit liabilities very hard. The fall in gilt yields has resulted in the Index falling by more than 10 percentage points, the biggest annual fall since the recession.

 

Back to Index


Similar News to this Story

How to save on risk lines using analytics
Shield your organization both from unnecessary costs and insurance shortfalls. Risk analytics can help you drive optimized risk retention, insurance
The continued outlook for the bulk purchase annuity market
The bulk purchase annuity (BPA) market has demonstrated remarkable resilience despite shifting economic conditions. Demand remains strong, but the con
Its all coming back to mean now
A common argument in favour of equity investments is that, even though they go down, they will bounce right back up again. Effectively, this implies m

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.