Defined benefit (DB) schemes at the UK's 100 largest listed companies had a £3bn accounting surplus at the end of July, according to JLT Employee Benefits.
The consultant said this is the first time in nearly a decade where there has been no aggregate shortfall for FTSE 100 firms - with assets totalling £676bn on the IAS 19 measure, and liabilities re...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders