Deficits underestimated by €300bn

clock

Pension deficits in UK banks and Europe's largest listed companies have been underestimated by €300bn (£268bn) in their last full year reports, AlphaValue research reveals.

The equity research company showed the most underestimated funded obligations in value terms were among Lloyds, Royal Bank of Scotland, British Airways, Siemens, Barclays, RD/Shell, HSBC, GSK, BT G...

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

PPF 7800 index shows muted response to 'considerable' intra-month volatility

PPF 7800 index shows muted response to 'considerable' intra-month volatility

Funding levels show only slight fall in response to geopolitical news

Jonathan Stapleton
clock 11 March 2025 • 1 min read
MGN scheme to be fully funded by 2028 after TPR action

MGN scheme to be fully funded by 2028 after TPR action

Scheme will get a £25.5m five-year injection from Reach plc

Jasmine Urquhart
clock 11 March 2025 • 2 min read
The eight key reforms needed to unlock £400bn of DB capital for the economy

The eight key reforms needed to unlock £400bn of DB capital for the economy

Hymans Robertson sets out how government might maximise the potential of DB schemes

Sachin Patel
clock 11 March 2025 • 5 min read
Trustpilot