RSA asset increase fails to stop deficit rise

clock

Insurer RSA saw its deficit rise substantially despite an increase in its assets and contributions from the sponsor, its results show.

The company's UK scheme deficit rose to £111m from £65m a year earlier, as liabilities shot up due to a 60 basis point fall in the discount rate. The insurer attempted to plug the deficit with a...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Tender Watch: WYPF reappoints Aon for actuarial advice

Tender Watch: WYPF reappoints Aon for actuarial advice

Firm has provided LGPS fund with actuarial services since 2009

Professional Pensions
clock 27 February 2025 • 1 min read
Professional Pensions' DB Funding Index

Professional Pensions' DB Funding Index

How the funding of defined benefit pension schemes is changing

Jonathan Stapleton
clock 11 February 2025 • 1 min read
Combined IAS19 surplus of FTSE 100 companies rises to £70bn in January

Combined IAS19 surplus of FTSE 100 companies rises to £70bn in January

LCP Pensions Explorer measured £5bn increase in FTSE 100 surplus since last month

Jasmine Urquhart
clock 07 February 2025 • 1 min read
Trustpilot