FTSE 100 pension disclosures reach £4bn surplus

FTSE 100 pension schemes recently had £20bn of pension scheme deficits, according to the PCS quarterly report, released in March. A statement from the PCS says the investment risk in the pension scheme becomes inefficient and costly for shareholders if companies and shareholders do not receive the full benefit of any upside in the pension scheme investment performance. In many cases it would make sense for companies to lock in recent gains and encourage a significant reduction in risk taking in the pension scheme, the PCS says. Charles Cowling, managing director of PCS says: "The last ...