Pension accounting shortfall sees tiny increase in May

James Phillips
clock • 2 min read

The private sector's defined benefit (DB) deficit under IAS 19 remained relatively stable over May with the shortfall increasing by just £1bn, but a different measure showed a £20bn fall.

According to JLT Employee Benefits' estimates, at the end of May, the combined deficit was £183bn under the accounting measure, up from £182bn last month. With assets and liabilities of £1.6trn and...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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