The shortfall of defined benefit (DB) schemes has risen from £425bn to £800bn in nine years despite employers trying to plug the gap.
JLT Employee Benefits' analysis of private sector DB schemes said this was mainly down to higher life expectancy and low expected returns from investment. Scheme assets grew from £0.65trn on 31 ...
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