Massive accounting changes could see deficits balloon by £10bn

clock

The pensions deficit for the UK's largest companies remained stable in May, but major changes to accounting standards could increase shortfalls by £10bn, Aon Hewitt warns.

The aggregate deficit for FTSE350 firms stood at £44bn on an IAS19 accounting basis at the end of May, up slightly from £41bn last month, according to the Aon Hewitt 350 Index. Latest figures fr...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Webinar: Moving forward with run-on – Register now

Webinar: Moving forward with run-on – Register now

Takes place online at 2pm on 2 July in partnership with Brightwell

Professional Pensions
clock 19 June 2025 • 1 min read
Partner Insight: Securing protection for trustees

Partner Insight: Securing protection for trustees

Aon
clock 19 June 2025 • 1 min read
Endgame discussions 'here to stay' as funding levels remain strong

Endgame discussions 'here to stay' as funding levels remain strong

LCP analysis shows combined FTSE 100 sits at more than £50bn with a 118% funding level

Holly Roach
clock 18 June 2025 • 1 min read
Trustpilot