Home / Pensions

Legal News

UK pension deficits stable and stubborn, says PwC

Copyright © 2025 LexisNexis
Published on: 05 November 2020
Published by LNB News

LNB News 05/11/2020

Document Information

Issue Date: 05 November 2020

Published Date: 05 November 2020

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

Deficits in UK defined benefit schemes have proved stubborn and relatively stable over the year, despite market volatility and global uncertainty, according to figures released by PwC’s Pension Funding Index which show a current cash funding deficit of £260bn, not far off the March lockdown peak of £290bn.

Powered by Lexis+®
Jurisdiction(s):
England, Northern Ireland, Scotland and Wales

Related documents:

1 Checklists
4 News
View More
4 Practice notes
View More
3 Q&As
View More
Powered by Lexis+®

Related documents:

1 Checklists
4 News
View More
4 Practice notes
View More
3 Q&As
View More

Popular documents

What is the difference between an appeal and a review?

What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a

Late payment penalties—inheritance tax

Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid

Strike out—making an application to strike out a statement of case

Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application

Can shares in a limited company that have not been paid-up at all be cancelled?

Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an