DB to vanish from FTSE 250 within one year

clock • 1 min read

All open defined benefit schemes in the FTSE 250 are set to close within 12 months, according to JLT Employee Benefits (EB).

Figures show the total liabilities increased to £81bn at 30 June 2015, up from £75bn the previous year. Many companies had attempted to close DB schemes to new members, in order to curtail the ...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Stability in scheme funding leads to hope of new endgame options

Stability in scheme funding leads to hope of new endgame options

Broadstone says stability at higher levels of scheme funding is increasing demand

Holly Roach
clock 23 April 2024 • 2 min read
Could the rush to buyout soon be over?

Could the rush to buyout soon be over?

While buyout is still viewed as a gold-standard, many are now considering run-on as an option

Stephanie Hawthorne
clock 22 April 2024 • 9 min read
Tender Watch: Access pool looks to appoint two private equity allocators

Tender Watch: Access pool looks to appoint two private equity allocators

LGPS pool expects total assets for the mandates could reach £6bn

Professional Pensions
clock 22 April 2024 • 1 min read
Trustpilot