Pension scheme funding levels have been eroded by falling bond yields, according to JLT Employee Benefits (JLT EB).
Across all private sector defined benefit (DB) schemes the provider found average funding levels were 87% at 30 June on an IAS19 basis. This is down from 91% at the same time last year, with the...
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