Combined scheme deficits of FTSE100 global firms have swelled by 70% in 12 months to €290bn (£248bn) despite record levels of contributions, analysis finds.
The European Pensions Briefing, from consultant LCP, found deficits at the world's 100 largest companies had increased by €120bn in 2011. LCP corporate consulting head and partner Alex Waite sai...
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
