The private sector's defined benefit (DB) deficit under IAS 19 remained relatively stable over May with the shortfall increasing by just £1bn, but a different measure showed a £20bn fall.
According to JLT Employee Benefits' estimates, at the end of May, the combined deficit was £183bn under the accounting measure, up from £182bn last month. With assets and liabilities of £1.6trn and...
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