Plastics manufacturer Carclo has missed yet another dividend as it continues to battle its defined benefit (DB) pension funding shortfall.
Carclo has announced it does not expect to pay any dividends until at least April 2018 as its pension deficit continues to drain its reserves.
Private sector defined benefit (DB) schemes saw a small improvement in their funding ratios in November after a year of market turmoil.
Majority of respondents believe DB sponsors will have to reconsider dividend payments.
This week we want to know if The Pensions Regulator (TPR) needs more powers and if the Work and Pensions Committee (WPC) should launch an inquiry into costs for savers.
Plastic manufacturer Carclo has confirmed it has not paid its final dividend of the year due to its worsening pension deficit, after issuing a warning in August.
The cost of defined benefit (DB) schemes sponsored by FTSE 100 companies could double from £7bn to £14bn per annum by 2019, according to JLT Employee Benefits.
The cost and size of pension deficits are increasing which has consequences for trustees, company directors and shareholders. Michael Klimes asks if investors are starting to worry.