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

LGR and the LGPS: Devolution in England gathers pace
On 16 July the Secretary of State for Housing, Communities and Local Government announced further decisions on Local Government Reorganisation (LGR).
Collective Defined Contribution: Learning from the Dutch
The Dutch pension system is a mythical paradox: on the one hand it is known as the ‘best’ pension system in the world, ranked 1st in the Mercer Global
Retail, leisure and hospitality: Cutting out AI fraud claims
AI can make fraudulent claims look more credible, especially when your teams are under pressure. How can going ‘back to basics’ help protect your reta

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.