FTSE 100 pension costs could double in three years

Michael Klimes
clock • 2 min read

The cost of defined benefit (DB) schemes sponsored by FTSE 100 companies could double from £7bn to £14bn per annum by 2019, according to JLT Employee Benefits.

The forecast is based on its analysis that net employer contributions for a typical DB scheme have risen from 26% to 52% during the last three-year actuarial review cycle. Companies due to have ...

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 publishes first PPF 7800 Index following methodology revamp

PPF publishes first PPF 7800 Index following methodology revamp

Substantial downward revision in aggregate funding position but DB outlook ‘encouraging’

Jonathan Stapleton
clock 10 December 2024 • 4 min read
FCA fines adviser £1.4m over unsuitable DB pension transfers

FCA fines adviser £1.4m over unsuitable DB pension transfers

Philip Pryke exposed clients to ‘significant’ risk of financial detriment

Isabel Baxter
clock 29 November 2024 • 2 min read
Tender Watch: LGPS funds seek pension administration software provider

Tender Watch: LGPS funds seek pension administration software provider

Multi-provider framework agreement sought in support of the LGPS

Professional Pensions
clock 28 November 2024 • 1 min read
Trustpilot