Defined benefit scheme deficits have rocketed by about 50% over the past four years jumping from an average of £55bn to £87bn, figures show.
Statistics from the Aon Hewitt 200Index - which tracks the 200 largest privately sponsored pension schemes - showed the typical total accounting deficit during 2006 was £55bn compared to the 11 mon...
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