Pension schemes of FTSE100 companies have an estimated £18bn surplus compared to a £2bn deficit 12 months ago, Pension Capital Strategies says.
The firm said the "quirks" of pension scheme accounting give the appearance of a positive result for schemes in current market turmoil. However, PCS managing director Charles Cowling warned again...
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
