Ask The Actuary... with Rob Hammond

Ask The Actuary – Issue 1: DB Pensions: Only 5 Years Left?

According to Barnett Waddingham’s DB End Gauge, there are only 5.4 years left (on average) before UK defined benefit (DB) pension schemes will be able to buyout their liabilities.

It’s no surprise, therefore, that, as an actuarial recruiter, a question I’m often asked is: “how long will the DB pensions industry last”?

So, grab yourself a coffee and let me tell you why I think DB schemes will be around for many years to come, with the need for innovation creating more (not fewer) opportunities for actuaries…

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