12 July 2006
The total deficit for final salary pension plans of FTSE 100
companies is currently £40 billion according to actuaries at
Deloitte, a fall of £35 billion since the beginning of the
year.
Deloitte estimates the current value of FTSE 100 pension
liabilities is £40 billion, the majority of which has been
reflected on company balance sheets under new International
Accounting Standards. According to Deloitte, the deficit has fallen
by £35 billion since the beginning of the year, primarily due
to falling prices in bond markets used to value pension
liabilities.
