Total UK defined benefit (DB) pension deficits shrunk slightly in October but still stand at £228bn, according to figures from JLT Employee Benefits.
The consultant's latest monthly numbers show liabilities were static over in October while asset values rose from £1.205trn to £1.226trn. This leaves funds 84% funded on an accounting basis, up ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
