JLT

The UK's 100 largest listed companies saw their combined defined benefit (DB) deficit fall by 75% during June, bringing them very close to fully-funded status, according to JLT Employee Benefits.

Defined benefit (DB) schemes had an aggregate deficit of £200bn on a gilts plus measure at the end of May, according to PwC.

The combined deficit of the UK's private sector defined benefit (DB) schemes fell by 40% to £78bn on an accounting basis during April, JLT Employee Benefits analysis has revealed.

The combined deficit of FTSE 350 defined benefit (DB) schemes fell to £72bn in the first quarter of 2018, according to Mercer's pensions risk survey.

The CMA's latest working paper finds trustees are very likely to choose their existing investment consultant for a fiduciary management mandate without third-party advice, James Phillips reports

Just 19 companies in the FTSE 100 provide DB benefits that incur ongoing service costs of more than 5% of total payroll, according to research by JLT Employee Benefits.

Defined benefit (DB) schemes ended 2017 with a much-enhanced funding position than at the start of the year, JLT Employee Benefits has recorded.

The collective deficit of defined benefit (DB) schemes remained at £460bn from the end of August to the end of September, according to PwC's Skyval index.

The PLSA's DB taskforce has released more details about its suggested scheme consolidation route, but questions remain about how it would work in practice. James Phillips reports

The total cost of pension liabilities at the UK's 100 largest public companies increased from £586bn to £681bn last year, according to research.