The amount needed to secure the deficit of FTSE100 pension schemes in full with an insurer has improved from £200bn to £110bn, a Pension Capital Strategies study shows.
The report found the combined deficit of FSTE100 pension schemes, as of June 30, stood at £8bn. PCS managing director Charles Cowling said the improvement in the amount needed to buyout all FSTE...
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
