LCP analysis shows combined FTSE 100 sits at more than £50bn with a 118% funding level
LCP says surpluses are ‘unevenly distributed’ but represent a ‘huge opportunity’ for firms
LCP says scheme funding levels improved during November
Consultancy praised the ‘prolonged period of strong funding levels’
Letter calls on leaders of companies to set out climate transition plans ahead of AGM season
Firm’s research found pension surplus of FTSE 100 schemes stands at around £60bn
Firm says funding levels moved by less than 0.1% during days surrounding the election
LCP says level of surplus presents schemes with ‘exciting opportunities’
The firm was relegated to the FTSE 250 but is now on the brink of being promoted
Just a quarter of the largest UK companies still provide DB pensions to some of their staff