Top firms have taken action over their pension schemes' deficit
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Britain's leading companies have wiped out the multi-billion pound deficit in their pension schemes, according to accountancy firm Deloitte.
The country's top 100 share index companies' pensions now have a combined surplus of £15bn, the firm said.
Two years ago the collective black hole in the pension schemes of the top 100 firms was an estimated £75bn.
But analysts urged caution, saying a bad run on the stock market could turn the surplus back into a deficit.
The deep deficit of two years ago spurred firms to take action to safeguard their pension schemes.
Their newly robust health is a result of injections of cash, restructuring the schemes and a strong stock market.
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