FTSE 100 accounting deficit rose by £70bn in 2016

Kim Kaveh
clock • 2 min read

The total cost of pension liabilities at the UK's 100 largest public companies increased from £586bn to £681bn last year, according to research.

JLT Employee Benefits' study of FTSE 100 defined benefit (DB) pension funds found the total IAS 19 accounting deficit by 31 December 2016 was estimated to be £87bn, up from £17bn the previous year....

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