Deepening pensions crisis leaves UK firms thinking What can we do ?

I just read an interesting article by JLT Pension Capital Strategies which show the total deficit of FTSE 100 defined benefit pension schemes has increased by two thirds in the past year! Yes I did say that 66%!
Middle of last year the deficit stood at around £33billion now £55billion.

Looking at the FTSE 100 companies there is 11 companies with pension liabilities greater than the market capitation!!

The blue chip company are trying their best to plug the hole but it looking like throwing good money after bad. They have started looking at alternative investment like international investment and property , but there is quick fix .

My personal view there’s no quick fix for this, the future is not looking any bette!

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