Time to take action on spiralling DB deficits
As deficits soared following the Bank of England's rate cut and stimulus package, the future for DB looks even more challenging. A major re-think is needed to avert a pensions crisis, writes Stephanie Baxter
At a glance Action is needed to prevent increase in schemes falling into PPF Increased calls to ditch traditional gilts plus measure for liabilities Case for allowing schemes to move from...
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