UK - Uncertainty in inflation assumptions may have led FTSE 350 companies to collectively overstate or understate their pension liabilities by as much as £40bn (US$59.4bn), according to Mercer.
Mercer found that at the end of March the long term price inflation assumptions of the FTSE 350 varied by 0.8%, from 2.6% to 3.4% a year. Mercer principal Warren Singer said: "Either extreme cou...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
