£150bn cash injection over past decade has barely dented FTSE 100 deficits

Kim Kaveh
clock • 2 min read

The accounting position of FTSE 100 defined benefit (DB) schemes has worsened from a £12bn surplus to a £17bn deficit over the last 10 years despite mammoth contributions.

In its 24th annual report, LCP revealed the continued rise in liability values driven by falls in bond yields has led to the worsened funding position under the IAS 19 accounting standard used in c...

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