The combined defined benefit deficit of FTSE350 firms has risen 50% during the first four months of this year, research from Mercer shows.
The consultant's monthly Pension Risk Survey showed that another spike in liabilities and mediocre asset gains caused IAS19 deficits to increase to £108bn by the end of April. This is up £36bn f...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date