We use cookies to improve site performance and enhance your user experience. If you'd like to disable cookies on this device, please see our cookie management page.
If you close this message or continue to use this site, you consent to our use of cookies on this devise in accordance with our cookie policy, unless you disable them.

Close

registration required

or
for more website access

This content can only be viewed by subscribers and registered users of Investors Chronicle.

Subscribe or register free today

Pensions headache remains

Company pension fund deficits are still a big headache, with FTSE 100 companies currently facing cumulative pension fund deficits of £47bn, according to JLT Pension Capital Strategies. In a way, this is good news because the deficit was the same this time last year, but it can fluctuate wildly, so taking a snapshot reading doesn't really tell the whole story. But what is clear is that defined-benefit pension schemes in the private sector are disappearing very quickly because they are expensive to run. And existing pension rights cannot be touched. So the problem of matching the books for some companies will take a long time.

registration required

visible-status-Standard story-url-Pensions_Blog_031212.xml

By Jonas Crosland,
04 December 2012

Print this article
Comments

Related Companies

Register today and get...

Register today and get...
Please note terms & conditions apply