The total deficit of defined benefit (DB) FTSE 350 pension schemes surged 80% over the year to date, according to Hymans Robertson.
Falling gilt yields have driven the deficit from £50bn to £90bn as of 12 December 2014, a record high for pension liabilities for FTSE 350 firms. This is despite companies contributing £16bn int...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
