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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.
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.