Scotland's pension schemes could be inflating deficits due to the use of UK-wide life expectancy estimates that are higher than the Scottish average, Pension Insurance Corporation warns.
The risk management firm said Scottish schemes overestimate their liabilities by using UK longevity assumptions, which put average life spans at 77.9 years - two-and-a-half years longer than the Sc...
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
