FTSE100 deficits hits record high of £300bn

clock

The pension deficit of FTSE100 company schemes has doubled since January to reach more than £300bn, Deloitte figures reveal.

The business advisory firm said it was the highest ever level and more than double the £130bn deficit at the start of the year. Deloitte pensions consulting practice partner David Robbins blamed ...

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

Trustees should remember DB Funding Code 'big picture'

Trustees should remember DB Funding Code 'big picture'

LCP says myths about purpose of funding code and liquid investments remain for trustees

Jasmine Urquhart
clock 26 November 2024 • 2 min read
DB transfer values fall to lowest value for 12 months in October

DB transfer values fall to lowest value for 12 months in October

Transfer values were at second-lowest month-end value since XPS index’s inception

Martin Richmond
clock 26 November 2024 • 1 min read
Partner Insight: How to manage your journey to settlement

Partner Insight: How to manage your journey to settlement

Alana Corbett, Senior Consultant, Aon
clock 22 November 2024 • 4 min read
Trustpilot