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 unlock true value from workplace pensions
Workplace pensions are one of employers’ most powerful tools to support their people’s financial wellbeing, engagement and long-term retention. But
Engagement - the underused risk management tool
Defined contribution pension schemes are seen as low risk for employers, but if staff don’t understand and appreciate them, the risks can add up. With
Preparing for a Budget clampdown on pension salary sacrifice
Our experts crunch the numbers and assess what a UK Budget clampdown on pension salary sacrifice might mean for employers and employees. On 8 November

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.