FTSE 100 Pensions’ Bond Allocation Nearly Doubles in Decade
Plans look to lock in gains by shifting to fixed income investments.
Plans look to lock in gains by shifting to fixed income investments.
Funded level of the FTSE 100 pensions falls 3% as surplus proves to be short lived.
But most large companies still allocate far more to shareholder dividends.
Decline comes one month after becoming fully funded for the first time in a decade.
Report estimates that pension plans’ funding status rose to 101% at year-end 2017.
However, figure ‘masks the materially worse funding position likely to be reported.’
Report shows that pension closures continue at the UK’s largest companies.
LCP: Liabilities have risen at a faster pace than assets over the past 10 years.