LCP’s tenth analysis of the finances of Ireland’s largest defined benefit pension schemes shows that pension scheme deficits for the companies analysed fell by €1.4bn or 40% over the course of 2017 to €2.2bn at year end.

LCP estimates that the downward trend in deficits continued through 2018 and the aggregate pension scheme deficit of the companies analysed was fully eliminated in September 2018 before returning to deficit.

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