UK - The UK's biggest defined benefit schemes have knocked £40bn ($65bn) off their deficits over the past year, as stronger equity performance pulls schemes towards full funding, figures show.
Statistics compiled by consultancy firm JLT Pension Capital Strategies reveal collective final salary deficits of FTSE100 companies dropped to £32bn at the end of last month - down from £72bn in Ap...
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