Barclays scheme deficit hits £4bn

clock •

The £16bn Barclays Bank UK Retirement Fund's IAS19 deficit rocketed to more than £4bn in the first half of 2010.

While attention will inevitably be focused on pre-tax profits of £3.9bn - up 44% on the 31 December figure - the group's defined benefit pension shortfall has also increased £494m this year. In ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

FTSE 100 DB schemes surplus remains 'strong' at £55bn
Defined Benefit

FTSE 100 DB schemes surplus remains 'strong' at £55bn

LCP says surplus remained stable despite wider global economic uncertainty

Martin Richmond
Martin Richmond
clock 22 July 2026 • 2 min read
Managing surplus becoming 'increasingly important' strategic priority
Defined Benefit

Managing surplus becoming 'increasingly important' strategic priority

LCP says surplus sharing is rising up agendas, but most schemes still face endgame barriers

Holly Roach
Holly Roach
clock 17 July 2026 • 2 min read
PPF 7800 aggregate surplus remains consistent in June
Defined Benefit

PPF 7800 aggregate surplus remains consistent in June

Lifeboat fund’s index shows surplus saw narrow increase of £0.2bn last month

Martin Richmond
Martin Richmond
clock 14 July 2026 • 3 min read
Trustpilot