FTSE 100 pension surplus returns to pre-Covid levels

Companies may now look to build on this strengthened position and consider de-risking

Hope William-Smith
clock • 1 min read
 LCP: FTSE 100 pension positions have fully recovered from the Covid-19 fallout.
Image:

LCP: FTSE 100 pension positions have fully recovered from the Covid-19 fallout.

FTSE 100 pension positions have fully recovered from the Covid-19 fallout with a strong bounce back that has pushed the combined IAS19 accounting surplus to more than £50bn, Lane Clark & Peacock (LCP) research reveals.

Analysis from the consultancy, released yesterday (1 July), showed that only 11 FTSE 100 companies are now estimated to have an accounting deficit. LCP's newly-launched FTSE 100 Pensions Explore...

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

Join now

 

Already a Professional Pensions member?

Login

More on Appointments

Capital Cranfield has appointed Ramona Tipnis as a professional trustee

People Moves: Week ending Friday 30 September 2022

PP brings together all the people moves in the pensions industry over the past week

Professional Pensions
clock 30 September 2022 • 7 min read
Smart has hired Eve Read as senior director of strategic delivery

People Moves: Week ending Friday 23 September 2022

PP brings together all the people moves in the pensions industry over the past week

Professional Pensions
clock 23 September 2022 • 6 min read
Attribution 3.0 Unported (CC BY 3.0). Parliament UK

Chloe Smith appointed new work and pensions secretary

She replaces Thérèse Coffey who becomes health secretary and deputy PM

Professional Pensions
clock 07 September 2022 • 1 min read
Trustpilot