for pensions 2016


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Our report, now in its 23rd year, reveals the state of FTSE 100 companies' pensions

What's inside Accounting for Pensions 2016?

  • Impact of EU referendum on deficits mitigated by rise in asset values
  • IAS19 cost of ongoing pension accrual has effectively doubled in the last eight years
  • More contributions went towards additional DB pension accrual than in any year since 2009
  • The collapse of BHS and potential sale of Tata Steel UK has highlighted the significance of pension liabilities
  • FTSE 100 companies reporting pension deficits paid out 25% more in dividends than their combined deficit
  • Pension liabilities could reduce by ¬£30 billion if based on CPI instead of RPI

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How we can help

We provide individual and high quality actuarial advice, taking a collaborative approach between trustees, employer and advisers, to ensure a focus on good member outcomes.

We help pension scheme trustees and sponsors to determine the ultimate destination for their scheme and help them put together a plan to get there, including how to effectively manage the risks they face along the way.