UK - Hewitt Associates has called on companies to adopt "broad-ranging" action plans to address funding shortfalls in FTSE100 pension schemes.
Hewitt said the combined deficits for FTSE100 plans, measured using FRS17, had remained “stagnant” – between £50bn and £60bn – for most of 2004. Raj Mody, pensions strategy consultant commented: “...
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
