Year end deficits could stand at £362bn

Jenna Towler
clock

Corporate pension schemes could face a deficit of £362bn at the end of the year, Xafinity Corporate Solutions predicts.

Analysis from the firm used market conditions at the end of May to come up with the figure applicable to all Pension Protection Fund eligible schemes. The monthly prediction is £90bn less than w...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

LGPS funding level hits record 125% in Q4 2024

LGPS funding level hits record 125% in Q4 2024

Isio’s Low Risk Funding Index measures end of year surplus at £85bn with assets exceeding £415bn

Jasmine Urquhart
clock 15 January 2025 • 2 min read
Just Group records 36% increase in retirement income sales in 2024

Just Group records 36% increase in retirement income sales in 2024

Insurer says it completed a record 129 de-risking transactions throughout the year

Martin Richmond
clock 15 January 2025 • 2 min read
Will concentrating LGPS assets into ever larger megafunds make them fit for the future?

Will concentrating LGPS assets into ever larger megafunds make them fit for the future?

Stephanie Hawthorne takes soundings on the government’s latest consultation

Stephanie Hawthorne
clock 14 January 2025 • 13 min read
Trustpilot