FTSE100 pension schemes racked up combined deficits of £72bn last year as economic turmoil sliced asset values.
This represents a loss of £84bn on their funding position at the end of 2008. Pension Capital Strategies said the results of its regular analysis represented the "worst calendar year on record"....
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
