UK pension schemes underestimating longevity

Large UK companies are facing far higher pension deficits than previously thought, with many severely underestimating life expectancy in the calculation of liabilities.

A study of the 100 largest UK-listed companies that make up the FTSE index found that overoptimistic assumptions on mortality rates meant the combined deficit could be as much as £100 billion - more than twice the generally accepted figure of £46 billion.

The report, by Pension Capital Strategies, the pension advisory division

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net 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: