Employer debt liabilities may soar on landmark annuity case ruling

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Insolvent employers' pension debts could balloon under a landmark legal case on the use of annuity rates to calculate section 75 liabilities, a lawyer says.

Trustees of failed Kaupthing Singer & Friedlander bank have gone to the High Court to argue s75 debts for an insolvent firm should be calculated on annuity rates at the time of an actuary’s s75 cal...

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