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JLT Employee Benefits (JLT) has updated its monthly index, showing the funding position of all UK private sector defined benefit (DB) pension schemes under the standard accounting measure (IAS19) used in company reports and accounts |
Charles Cowling, Director, JLT Employee Benefits, comments: “Markets are showing resilience amidst global political turmoil. As a result pension deficits have fallen back, although they are still at challenging levels for many companies. Yet, the prospect of further political turmoil in 2017 de-stabilising markets is still tangible.
“It is apparent that an increasing number of companies and trustees have been taking steps to de-risk pension investment strategies, which has proved beneficial. In this climate of market uncertainty, they should stay on top of asset and liability management.” |
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