FTSE 350 sees just £1bn DB deficit reduction in October
The UK's 350 largest listed companies recorded just a £1bn fall in their defined benefit (DB) deficits over the course of October, Mercer's monthly update reveals.
At the end of the month, a £7bn increase in liabilities under the IAS 19 accounting measure - driven largely by an expected increase in inflation - almost entirely offset an £8bn increase in asset values....
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DB funding - November 2020: FTSE 350 schemes 'hold up' against volatile environment
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the November 2020 estimates on the various measures…
