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Your one point of access to surveys, research and reports for the Pensions Professional
| JLT's monthly fund index update for the month of December 2018 | ||
| JLT's monthly fund index update | ||
| JLT Employee Benefits (JLT EB) | ||
| 1 Dec 2018 | United Kingdom | Funding and Minimum Funding Requirement, Surpluses and Deficits |
| JLT Employee Benefits has published the latest update to its monthly index showing the funding position of UK private sector DB pension schemes under IAS19. According to the index, as at 30 November 2018, FTSE 100 companies had a funding level of 100% and a deficit of £1bn, compared with a funding level of 97% and a deficit of £22bn as at 30 November 2017. The data also shows an improvement in the funding position of UK private sector pension schemes as a whole, which at the end of November 2018 had a funding level of 97% and a deficit of £48bn, compared with a funding level of 94% and a £98bn deficit at the end of November 2017. More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Dec 2018 or click here (this link will not work in all circumstances). For further information about Perspective click here. | ||
| F3113175F | Click here to contact the authors. | |
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