Top firms improve combined deficit by £42bn in a year

clock •

The top 100 UK firms' defined benefit schemes knocked £42bn off their combined deficit over the last year, Pension Capital Strategies research shows.

The consultant's monthly index of funding positions of FTSE100 schemes, under accounting measure IAS19/FRS17, showed an improvement from a deficit of £92bn at 30 November last year to £50bn this ye...

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

Author spotlight

Sebastian Cheek

View profile
More from Sebastian Cheek

Industry calls for short duration CPI-linked gilts

Private equity managers lack transparency

More on Defined Benefit

DB schemes continue to be in surplus in March despite number of challenges, PwC finds
Defined Benefit

DB schemes continue to be in surplus in March despite number of challenges, PwC finds

Consultancy warns schemes facing number of challenges following recent market volatility

Martin Richmond
Martin Richmond
clock 11 April 2025 • 3 min read
Charity DB schemes' positive funding levels to encourage focus on endgame planning
Defined Benefit

Charity DB schemes' positive funding levels to encourage focus on endgame planning

Spence report finds 44% of charities no longer making deficit recovery contributions

Martin Richmond
Martin Richmond
clock 10 April 2025 • 3 min read
DB transfer compensation drops in Q1, Broadstone finds
Defined Benefit

DB transfer compensation drops in Q1, Broadstone finds

But firm says if markets continue to fall, redress levels will likely rise back up

Holly Roach
Holly Roach
clock 10 April 2025 • 1 min read
Trustpilot