Record contributions fail to halt global deficit rise

clock

The pension plans of the world's largest multinationals have fallen further into deficit despite record company contributions, research shows.

The European Pensions Briefing 2010 report by consulting actuary LCP, found the aggregate accounting deficit stood at €160bn (£133bn) at the end of September 2010, up from €150bn at the end of last...

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: Surplus extraction is here - What should DB schemes do now?

Partner Insight: Surplus extraction is here - What should DB schemes do now?

The government is making it easier for well-funded DB schemes to release surplus, when ‘safe to do so’, and trustees will need to set out their proposed approach to surplus extraction as part of their statement of strategy. As we weigh up this crucial issue of ‘safety’, let’s look to the insurance market to consider how DB schemes might run on and extract surplus for now, while preparing to pivot to buyout if needed.

Mathew Webb, Head of Endgame Solutions, Asset Management, L&G
clock 25 July 2025 • 7 min read
Take time to assess endgame plans amid 'significantly changed' landscape, says Hymans Robertson

Take time to assess endgame plans amid 'significantly changed' landscape, says Hymans Robertson

Consultancy says DB market has undergone a ‘vast’ and ‘significant’ change in recent years

Martin Richmond
clock 24 July 2025 • 5 min read
DB transfer values rise for first time this year, XPS finds

DB transfer values rise for first time this year, XPS finds

XPS says Transfer Value Index shows DB transfer values peaked in June to just over £143,000

Martin Richmond
clock 24 July 2025 • 2 min read
Trustpilot