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
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
