Lower life expectancy assumptions could knock up to £45bn off pension deficits on an accounting basis, according to Willis Towers Watson.
According to the firm, refinements made to how companies convert retirement benefits which are expected to be paid in future into a single liability is also a contributing factor. It calculated ...
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
