FTSE 350 sees just £1bn DB deficit reduction in October

James Phillips
clock • 2 min read

The UK's 350 largest listed companies recorded just a £1bn fall in their defined benefit (DB) deficits over the course of October, Mercer's monthly update reveals.

At the end of the month, a £7bn increase in liabilities under the IAS 19 accounting measure - driven largely by an expected increase in inflation - almost entirely offset an £8bn increase in asset ...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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