Pensions Deficit Set to Get Worse, Say Consultants

Western MailJuly 02, 2010

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Summary


THE funding shortfall faced by the UK's biggest pension schemes has soared to pounds 100bn and looks set to get worse during the coming year, research suggested yesterday.

The 200 largest defined benefit pensions, including final salary schemes, had a deficit of pounds 100bn at the end of June, up from one of pounds 88bn in May, according to consultancy firm Aon Consulting.

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Pensions Deficit Set to Get Worse, Say Consultants

The group warned that the austerity measures announced in the Budget are like...

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