Private sector defined benefit (DB) schemes have seen their combined deficits rise 70% in the past 12 months, according to research.
The data from JLT Employee Benefits (JLT EB) found deficits were £289bn on an IAS19 basis at the end of January, compared to £170bn at the same time in 2014. A breakdown of the figures also reve...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
