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New branding by SMACK Communications for microchip supplier Dockweiler Chemicals

New branding by SMACK Communications for microchip supplier Dockweiler Chemicals
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German DAX pension liabilities set to increase


By Luigi Serenelli2021-02-10T14:45:00+00:00
Germany’s largest companies may see a continued increase in pension liabilities in 2021 while interest rates continue to fall, said Thomas Hagemann, chief actuary at Mercer Deutschland.
According to the consultancy’s latest estimates, the value of pension liabilities of the 30 largest firms in terms of market cap listed on the DAX rose by €20bn, or 5%, in 2020 to €410bn, from €389.9bn the prior year as a consequence of declining actuarial interest rates.
Pension assets in financial statements under the International Financial Reporting Standards (IFRS), on the other hand, dropped year-on-year in 2020 to around €252bn from €258.6bn the year before. ....

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