The majority of defined benefit pension schemes will be shut this year despite combined deficits decreasing by £121bn in the past year, Pension Capital Strategies says.
PCS figures for all UK private sector DB schemes showed a £62bn deficit at the end of last month, compared to a £183bn deficit at the end of January, 2010. Funding levels for all DB schemes stood a...
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, 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
