Nearly 10% of FTSE 250 have 'worrying amount of pension debt'
More than two years' worth of dividends are needed to plug the £4.7bn defined benefit (DB) pensions deficits for 23 FTSE 250 companies, JLT Employee Benefits research shows.
The consultancy's study - The FTSE 250 and their Pension Disclosures - found a further 12 companies would need to make payments worth up to two years' dividends, and another 56 could settle the deficit...
More on Defined Benefit
Pension transfer values recover after February dip
Defined benefit (DB) pension transfer values recovered by about a third last month after February’s sharp fall, according to figures from XPS Pensions Group.
Clearer DB guidelines on advice versus guidance needed, industry says
Guidelines on what is and is not viewed as defined benefit (DB) trustees providing members with regulated advice need to be clearer, respondents to a Professional Pensions survey say.
UUK asks employers how to retain 'inclusive and affordable' USS benefits
Universities UK (UUK) has opened a formal consultation with employers in the Universities Superannuation Scheme (USS) seeking views on how to tackle the scheme’s funding situation.
Most DB members not confident about decision making at retirement; Trustees warned to 'step up'
Just one quarter of defined benefit (DB) members are confident about making decisions at retirement, according to research by Hymans Robertson.
DB funding - March 2021: Another surplus boost but remain mindful of volatility, says PPF
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. Here are the March 2021 estimates on the various measures…