UK’s largest companies under pressure over pension contributions

2015-05-05T23:40:37-07:00May 5th, 2015|Categories: Pension Funding|Tags: , |

Some of the UK’s largest companies will come under pressure to ramp up contributions to their company pension schemes, advisers warn, as deficits continue to soar. The alert comes as 30 FTSE 100 companies are due to begin triennial financial health checks on their defined benefit pension schemes — with most facing ballooning deficits. Advisers say that since the last round of valuations three years ago, deficits have worsened — despite the improving economy — largely in response to [...]