FTSE 100 schemes in 'best position' for 20 years before onset of Covid-19

James Phillips
clock • 3 min read

Almost three-quarters of FTSE 100 defined benefit (DB) pension schemes were in surplus on an accounting basis as the coronavirus crisis hit, according to Lane Clark & Peacock (LCP).

The consultancy's annual Accounting for Pensions report estimated that 70% of DB schemes were in a surplus at the end of March, leading to the best combined funding position in 20 years. This is ba...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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