The Actuarial Profession's Continuous Mortality Investigation suggests schemes must hold 10% more assets per pound of benefit promised for managers than for lower paid employees, Mercer says.
The CMI research shows large variations between and within industries with overall mortality rates in the financial sector are around 20% lower than those calculated by schemes in mining and manufa...
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
