The combined IAS 19 pension surplus of the pension schemes of FTSE 100 companies increased last month to more than £65bn, Lane Clark & Peacock (LCP) analysis finds.
The consultancy's Pensions Explorer revealed funding of these schemes improved during November. It said the improvement followed the launch of M&G's "value share" bulk purchase annuity (BPA) pro...
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, 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
