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

The Times they are a Changing
There are very few big philosophical questions that almost everyone agrees on; yet one that seems to elicit the same answer across the board is this:
A pension buyout as seen through members eyes
A UK pension buyout requires robust data preparation, clear member communication and strong administration planning to ensure a secure, well governed
Pricing in a softening market
The role of judgement: deciding when to follow the market. This is the second article in a series on pricing in a softening market. In the first artic

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.