KPMG’s 2016 Pensions Accounting Survey | KPMG | UK

KPMG’s 2016 Pensions Accounting Survey

KPMG’s 2016 Pensions Accounting Survey

We are pleased to publish KPMG’s 2016 Pensions Accounting Survey. The survey looks at trends in best estimate assumptions based on close to 250 of KPMG’s clients with UK Defined Benefit (DB) pension schemes reporting under IFRS or equivalent at 31 December 2015. It provides a comprehensive view of market practice and discusses current financial reporting issues.





Also on

Key highlights

  • Our analysis shows the market continues to be closely packed around the median for all key assumptions.
  • Discount rates increased over the year by 0.2%. We are seeing a wider range of methodologies used to derive this assumption.
  • For the first time in recent years, median assumed life expectancy fell for current pensioners. 
  • Proposed amendments to IFRIC 14 could have a major impact on corporate balance sheets. Sponsors will need to review their scheme rules to help identify any issues at an early stage.



Request hard copy of KPMG's Pensions Accounting Survey 2016 here.


Connect with us


Request for proposal