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

Can AI led conversational commerce change insurance forever
If you’re still following the minutiae of Brexit, if you know exactly what the Backstop entails, and if you understand how the UK’s proposed departu
The diversification trap and how to avoid it
Pension schemes often focus on maximising diversification within a scheme’s governance constraints. However, if this pursuit of diversification goes t
Signs of demand pressures in the bulk annuity market
Another record breaking year in bulk annuity market is on the cards, but what does this mean for schemes and sponsors eyeing future transactions as pa

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS


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