Net accounting position of FTSE 100 worsened from a £12 billion surplus to a £17 billion deficit over the last decade.2 August 2017
I work with a variety of trustee and corporate clients, including several charities and FTSE 100 companies, providing pension advice on a broad range of issues, from individual executive pension arrangements to large actuarial valuations.
I am a member of LCP's Scheme Funding Group which provides guidance on how actuarial assumptions impact pension scheme funding, and I am part of the team responsible for our annual 'Accounting for Pensions' report.
LCP have a practical way of looking at things and cut through the noise on essential issues.
Our 24th annual Accounting for Pensions report reveals that over the past 10 years FTSE 100 companies have paid around £150bn into their DB pension schemes… for their accounting position to go backwards.
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