Defined benefit (DB) schemes' deficits have fallen on average over 2013 and funding levels have remained high, JLT Employee Benefits (JLT EB) figures show.
According to the consultancy's estimates, the aggregate deficit, on an IAS19 basis, of all UK private sector DB schemes fell from £172bn at 31 December 2012 to £150bn one year later. Funding le...
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 for 12 months, 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
