Carillion pension schemes 'had £2.6bn buyout deficit' on collapse

James Phillips
clock • 3 min read

Carillion's 13 UK defined benefit (DB) pension schemes had a combined £2.6bn buyout deficit upon its collapse on 15 January, according to an analysis for Sky News.

The deficit - calculated on the most onerous measure as it assumes buying out all liabilities through an insurer - is around £2bn more than the £587m figure disclosed under the IAS 19 accounting me...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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