Accounting for pensions
Pensions & benefits DB corporate consulting DC corporate consulting Corporate strategy DB pensions DC pensionsOur annual accounting for pensions report presents a concise analysis of the pensions facts, figures and trends revealed by FTSE100 companies reporting in 2024.
Key insights from this year’s report
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£40bnaggregate surplus reported by FTSE100 companies for 2024 marks the fifth consecutive year of overall surplus.
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Over £200bnof FTSE100 pension scheme assets now held in bonds and cash, with bond allocations nearly 10x more than equities
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1 in 6FTSE100 companies with DB schemes carried out an insurance transaction in 2024
From protection to progression
£40bn of opportunity for the FTSE100
"From protection to progression" explains how companies could look to generate value from the £billions of surplus in the pension schemes they sponsor. With surpluses seemingly becoming the norm and the possibility of the Government introducing game changing flexibilities on the horizon, there’s a growing opportunity to capture and generate long-term value. This report explores how sponsors can move from a mindset of caution to one of strategy, balancing growth, risk, and outcomes across stakeholders.
With fresh insights from the 2024 accounts of FTSE100 companies, this year’s report also unpacks key issues affecting Finance Directors, including strategic aspects of accounting, the Virgin Media case, and executive pensions.
