Mercer survey highlights drop in FTSE 350 pension gap

Trustees Agenda posted on 6 August, 2018

The 'Pensions Risk Survey' published by Mercer has revealed that the accounting deficit of DB schemes relating to FTSE 350 companies has fallen from £72bn at the start of 2018 to £32bn on 31 July.

The survey also found that 2018 may be a record year for pension risk transfer as a result of improvements in funding levels, attractive pricing in the market and a push for risk reduction in light of the uncertainty around Brexit.