UK final salary pension schemes have failed to narrow the £3 trillion deficit they faced in 2000, according to investment consultant P-Solve.

It has calculated the investment returns needed to cover payments pledged to members 15 years ago and compared it with the current level to show it is virtually unchanged.

Pensions deficit of £3 trillion remains unchanged 15 years on

UK final salary pension schemes have failed to narrow the deficit they faced in 2000, according to investment consultant P-Solve

Mike Foster

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