Southern European companies with UK DB schemes
Andrew Vaughan | 9 Jan 2018
This survey relates to constituent companies of the Spanish IBEX and Italian FTSE MIB share indices that have UK subsidiary companies with defined benefit (DB) pension schemes.
The survey covers twelve Southern European companies with around £47.6bn of UK pension liabilities between them.
Our report analyses the contributions paid, levels of deficit and levels of risk within the schemes. Data has been taken from the latest available financial statements of the UK subsidiary companies, which are as at 31 December 2016 in most cases.