For companies with one or more of the 7,000 or so defined benefit (DB) pension schemes in the UK, now is the time to get to grips with the risks. A combination of equity performance and a reduction in corporate bond interest rates has led to a shift in defined benefit accounting disclosures. The FTSE 100 has moved from a small surplus before the credit crunch began in mid 2007 to a deficit of around £73 billion as at the end of June 2010 (according to JP Morgan).
Richard Farr, BDO Pensions, supported by comments from the Critialeye Community, looks at the issues for management, trustees and banks and explains why an unattended DB pension scheme is as risky as ignoring the 200kg gorilla in your garden.
Share this with your Community
Steven HabermanRead, watch & listen to some of the latest thought leadership from our Community.
After recently closing the page on a wide-ranging executive career, following a six-year stint as CFO of FTSE 250 energy business Drax, Criticaleye Senior Editor Jacob Ambrose Willson finds Andy Skelton in a reflective ...
This Customer Experience Report by Criticaleye Partner, ServiceNow, reveals a growing ‘service gap’, where customer expectations are rising but service quality is falling. Agents face disjointed system...
Brad Greve is a strong believer in the role of the CFO as an enterprise leader and a driver of value creation in a business. In this exclusive interview with Criticaleye, the CFO of FTSE 100 giant BAE Systems talks thro...
Displaying 1 to 3 of 83
 (002).png "Palo Alto Networks"){kind=logo}
We use cookies to improve your experience. By using our site, you agree to our use of cookies.
