JLT's DB deficit rises 28% amid low rates

James Phillips
clock • 1 min read

Jardine Lloyd Thompson (JLT) has seen a significant increase in the deficits of its defined benefit (DB) pension schemes over the past year.

At the end of June, the overall deficit was £201.5m, 27.5% higher than in June 2015, according to its interim report published on 26 July. The deficit of the UK scheme, which is the biggest of a...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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