Getting the balance right



UK pension funds have become almost resigned to dealing with problems. Chief among these were the slumping equity prices that decimated investment portfolios earlier this decade, fast-rising life expectancy, and the introduction of accounting rule FRS 17 in 2005, which required companies to calculate pension liabilities using a discount rate based on bond yields at a time when yields were squeezing tighter and tighter. The congestion in the UK inflation market at the start of last year, however

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

If you already have an account, please sign in here.

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