JLT: DB deficits hit record £341bn in June

Kristian Brunt-Seymour
clock • 2 min read

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.

Its latest monthly statistics for all private sector schemes under the IAS19 standard accounting measure in company reports and accounts showed the gap between assets and liabilities rose for a fif...

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