Balancing the books

Liability-driven investment


Pension deficits are quickly becoming the number one item on many UK company agendas. The introduction of accounting standard FRS17 last year elevated pension liabilities from little-noticed items in the footnotes to headline-grabbing figures on the balance sheet, while a sharp drop in UK bond yields in January briefly added an estimated £30 million to the pension deficits of FTSE-100 companies.

Pension black holes have obstructed mergers and acquisitions involving UK firms, while the country's

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

The future of life insurance

As the world constantly evolves and changes, so too does the life insurance industry, which is preparing for a multitude of challenges, particularly in three areas: interest rates, regulatory mandates and technology (software, underwriting tools and…

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here