The total cost of pension liabilities at the UK's 100 largest public companies increased from £586bn to £681bn last year, according to research.
JLT Employee Benefits' study of FTSE 100 defined benefit (DB) pension funds found the total IAS 19 accounting deficit by 31 December 2016 was estimated to be £87bn, up from £17bn the previous year....
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