FTSE 350 companies' ability to support DB weakest since 2009

Analysis from the professional services network suggested the support the UK's largest companies provide their pension schemes is at its weakest since 2009. PwC's Pensions Support Index tracks "the relationship between the financial strength of FTSE350 companies and their defined benefit pension obligations, indicating the overall level of employer support offered to these pension schemes". It has rated the companies at a score of 69 out of 100 for 2017 - a 13 percentage point drop over the last 12 months, as the table below illustrates. The biggest factor pressuring scheme deficit...