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UK pension deficits stable and stubborn, says PwC

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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.

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Jurisdiction(s):
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