Deferred judgement

Features

pg9-lexheijnis-jpg

The further away that a defined-benefit pension is from the day of maturity, the more risk there is in managing the liabilities. This is particularly relevant when it comes to deferred members - and this uncertainty makes the topic a battleground. Two key parameters that feed into liability valuation are inflation of pension rights and long-term interest rates used for discounting purposes. Active scheme members have the longest pension duration - with the highest sensitivity to interest rat

To continue reading...

You must be signed in to use this feature.

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 indvidual account here: