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Searching for: researcher is "punter southall & co"

Surveys listed in reverse order of publication date

Results 1-2 of 2.

Punter Southall highlights the dangers of solvency funding for pension schemes
Punter Southall highlights the dangers of solvency funding for pension
Punter Southall & Co
10 Dec 2007 United Kingdom Pension Protection Fund, Funding and Minimum Funding Requirement
Punter Southall, the actuarial consultancy, has today published a paper setting out some of the implications if a solvency regime such as that applying to insurance
companies were to be applied to defined benefit pension schemes. A solvency regime means that schemes would be required to hold an additional solvency reserve over and above existing prudent levels of funding.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Dec 2007 or click here (this link will not work in all circumstances). For further information about Perspective click here.

1B401289    
 
Research Report on the Market Value of Pension Liabilities
Failure by UK equity markets to fully treat pension deficits as a debt of companies
Punter Southall & Co
10 Oct 2005 United Kingdom Surpluses and Deficits, Accounting
A new research report, “The Market Value of Pension Liabilities”, produced by Punter Southall Transaction Services, the specialist M&A consultancy division of Punter Southall, has found that the UK public equity market does not appear to treat FRS17 pension deficits as a debt of the sponsoring employer, unlike the typical practice observed in UK private equity and debt markets. Instead the research, aimed at determining how the various UK capital markets price a pension obligation in respect of a defined benefit scheme, based on a review of existing academic studies and analyst research studies as well as interviews with market participants including equity analysts, concluded that FRS17 deficits are probably not fully recognised in the UK equity market’s valuation of a company and that the UK equity market reacts indifferently to most pension related issues.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Oct 2005 or click here (this link will not work in all circumstances). For further information about Perspective click here.

C8308315   Click here to contact the authors.
 

Results 1-2 of 2.