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FTSE 100 pensions ‘in best position’ pre-Covid

The pension schemes of FTSE 100 companies were in their best position for 20 years at the start of the Covid-19 crisis, but progress on reducing the gap between senior executives’ packages and those of the company’s workforce has been slow, according to consultancy LCP.

FTSE 100 pensions ‘in best position’ pre-Covid
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pensions ‘in best position’ pre-Covid

Its analysis of the 2019 annual accounts of each of the FTSE 100 companies found 60% reported an accounting surplus in their pension scheme as measured on an IAS19 basis.

Read more at the Accountancy Age

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