The deficit at Barclays' UK Retirement Fund increased 75% in 2013, hitting £1.4bn by the end of the year.
In its final results for the year to 31 December, published today, the bank said the IAS 19 deficit had been pushed up by an increase in UK inflation assumptions from 2.93% to 3.42%. This was pa...
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