DB to vanish from FTSE 250 within one year
All open defined benefit schemes in the FTSE 250 are set to close within 12 months, according to JLT Employee Benefits (EB).
Figures show the total liabilities increased to £81bn at 30 June 2015, up from £75bn the previous year. Many companies had attempted to close DB schemes to new members, in order to curtail the growth...
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TPR's long-term funding approach 'will put extra financial pressure' on scheme sponsors
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Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the December 2020 estimates on the various measures…
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