In October 2016 the Taskforce published its Interim Report. This report shows that, on the whole, DB pension schemes are under severe pressure and without change the likely outcome will be hardship for members or sponsors.
To understand the risk to members’ benefits more fully, the Taskforce commissioned modelling from Gazelle Corporate Finance Limited’s ‘Mousetrap’ Integrated Risk Model to help estimate and better understand the probability and quantum of longer-term DB member benefit losses. A full report of Gazelle’s modelling can be found here.
Ashok Gupta, Chair of the DB Taskforce presents the Taskforce’s findings at PLSA Annual Conference 2016.
Click cover to download