DB liabilities climb by £100bn over July

Kristian Brunt-Seymour
clock • 1 min read

Total deficits of UK defined benefit (DB) schemes have reached an all-time high for the sixth month in a row, according to JLT Employee Benefits.

Its latest monthly statistics for all private sector schemes under the IAS19 standard accounting measure showed deficits soared to £390bn by the end of July, rising £49bn from the end of June. O...

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Kristian Brunt-Seymour
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