The total deficit of FTSE 100 pension schemes would amount to around £100bn if liabilities were valued using "normal" levels of credit spreads, Pension Capital Strategies warns.
PCS calculated those companies would see a 30% increase on average in their pension liabilities, if credit spreads used were from 80 to 100 basis points. According to a latest report, PCS said i...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- 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
