Pensions Deficits Could Hit Harder in Midlands, Say Actuaries ; Pensions

Summary


Long-established West Midlands companies could be hit even harder by rocketing pension deficits than those in the FTSE 100 index.

The actuaries Lane Clark & Peacock calculate that Britain's 100 biggest listed companies now face a combined shortfall of pounds 41 billion on their final salary pension schemes.

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Pensions Deficits Could Hit Harder in Midlands, Say Actuaries ; Pensions

That stands against a pounds 12 billion surplus a year ago - before the American sub-prime mortgage crisis and the credi...

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