FTSE100

Total deficits of UK defined benefit (DB) schemes reached an all-time high of £341bn by the end of June amid uncertainty over Brexit, according to JLT Employee Benefits.

The combined deficit of UK defined benefit (DB) pension schemes has hit £900bn following Britain's historic decision to leave the EU.

The total shortfall of defined benefit (DB) schemes increased to £850bn last week as market volatility worsened in response to escalating Brexit fears, according to research.

Defined benefit schemes in the FTSE 100 increased their total bond allocation to a record £330bn by the end of 2015.

FTSE100 companies overall scheme deficits have reduced by over £15bn according to Barnett Waddingham's annual Accounting for Pension Costs by FTSE100 Companies report.

Total deficits of defined benefit (DB) schemes exceeded £300bn for the first time in May reaching record levels, according to JLT Employee Benefits.

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Redington has hired Jinesh Patel as vice president of its defined contribution (DC) and financial wellbeing consulting practice.

Bond allocations for defined benefit (DB) pension schemes in the FTSE 100 have soared from 49% to 59% of total assets in just six years.

Deficits in all private UK defined benefit (DB) schemes worsened in March amid low interest rates and a worsening economic outlook.