Scheme contributions for past employees set to soar

Jonathan Stapleton
clock

FTSE100 firms are set to spend more on pension payments for past employees than current staff for the first time over the next year, KPMG research reveals.

The accountancy firm's fourth annual pensions repayment monitor revealed the allocation of businesses' defined benefit cash spend between new benefits for existing employees and deficit funding for...

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

DB scheme funding levels remain steady in February, Broadstone finds

DB scheme funding levels remain steady in February, Broadstone finds

Sirius Index shows funding levels remain consistent despite ‘rising geopolitical tensions’

Martin Richmond
clock 05 March 2025 • 1 min read
Reach reports fall in deficit but posts charge for Barber window equalisation

Reach reports fall in deficit but posts charge for Barber window equalisation

Procedural issue spotted as part of buyout due diligence for West Ferry Printers scheme

Jonathan Stapleton
clock 04 March 2025 • 2 min read
Greggs serves up second matched contribution rise

Greggs serves up second matched contribution rise

Baker says it will raise matching rates from 6% to 7% to help staff save for future

Jonathan Stapleton
clock 04 March 2025 • 1 min read
Trustpilot