Deficits

Carclo has announced it does not expect to pay any dividends until at least April 2018 as its pension deficit continues to drain its reserves.

Sponsors of defined benefit (DB) schemes have squeezed their workers' wages by around £200 compared to companies without these funds, a think tank has revealed.

The combined deficit of Sainsbury's defined benefit (DB) schemes has climbed 119% in twelve months, according to its preliminary annual results.

The combined funding level of the UK's defined benefit (DB) schemes stayed stable over April with just a £10bn increase in deficit, JLT Employee Benefits has estimated.

The aggregate deficit of defined benefit plans (DB) fell by £15.5bn over last month to £226.5bn according to the Pension Protection Fund's (PPF) latest update.

The funding level of defined benefit (DB) schemes improved by five percentage points in March on the back of a reduction in mortality improvements, JLT Employee Benefits has estimated.

Defined benefit (DB) schemes saw a £20bn reprieve on their deficits over the course of March, PwC's SkyVal index shows.

More than two years' worth of dividends are needed to plug the £4.7bn defined benefit (DB) pensions deficits for 23 FTSE 250 companies, JLT Employee Benefits research shows.

AA has launched a consultation with its final salary scheme members to revalue benefits in a career average section.

Kier Group cut the aggregate deficit of its defined benefit (DB) schemes by £43m over 2016, according to its latest annual results.