Pensions timebomb faced by UK firms is frightening

According to the Pension Protection Fund, the 5,945 large schemes it oversees had a combined deficit of Pounds 294.6bn at the end of May, Pounds 24.4bn higher than a month earlier.

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Bibliographic Details
Published inSunday telegraph (London, England)
Main Author BEN MARLOW IN
Format Newspaper Article
LanguageEnglish
Published London (UK) Daily Telegraph 19.06.2016
Subjects
Pension funds
Underfunded pension plans
United Kingdom > UK
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Summary:According to the Pension Protection Fund, the 5,945 large schemes it oversees had a combined deficit of Pounds 294.6bn at the end of May, Pounds 24.4bn higher than a month earlier.
ISSN:0307-269X