Dividend warning as FTSE 350 deficits soar 135% to 'dizzying heights'
FTSE 350 companies may need to reconsider whether to pay dividends after the total deficit has climbed to £207bn by the end of August.
The UK's 350 largest companies' deficits had grown by £51bn over August on an IAS 19 accounting basis, according to JLT Employee Benefits. The aggregate deficit as of 31 August is more than double the...
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Con Keating: Buzz views show true depth of DB funding code disquiet
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Pension transfer values end volatile year 8% up; Scam 'red flags' at record high
Pension transfer values ended 2020 at £259,000, 8% higher than the start of the year, according to XPS Pensions, after suffering periods of substantial volatility linked to the pandemic while potential scams reached record highs.
TPR's long-term funding approach 'will put extra financial pressure' on scheme sponsors
The Pensions Regulator’s (TPR) long-term funding approach will put extra financial pressure on UK pension scheme sponsors, according to Aon.
