Deficit spike for smaller firms sees private sector levels rise

clock •

Deficits in the private sector rose in August with smaller-cap listed and unlisted firms mainly to blame, research from JLT Employee Benefits (JLTEB) shows.

The research showed overall defined benefit (DB) deficits rose substantially, on an IAS19 and FRS17 basis, over the month through a combination of lower asset values and higher liabilities. Howe...

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

Partner Insight: What we share sets us apart

Partner Insight: What we share sets us apart

Rosie Fantom, Head of Pension Risk Transfer, explains how BPA Plus combines guaranteed security with the potential to share more value.

Rosie Fantom, Head of Pension Risk Transfer @ M&G
clock 28 October 2026 • 4 min read
Tender Watch: People's Pension reappoints Northern Trust

Tender Watch: People's Pension reappoints Northern Trust

Firm will continue to provide scheme with fund admin and performance measurement services

Professional Pensions
clock 26 October 2026 • 1 min read
'Value horizon' in run-on could increase member outcomes by up to 15%

'Value horizon' in run-on could increase member outcomes by up to 15%

Hymans report says investment strategy is key to achieving scheme objectives in run-on

Alex Levy
clock 22 October 2026 • 1 min read
Trustpilot