Financial Times FT.com

UK companies look to offload pension risks

By Norma Cohen in London

Published: May 7 2008 23:38 | Last updated: May 7 2008 23:38

More of the UK’s 100 biggest listed companies are looking to get rid of pension liabilities as the price of offloading their risk has fallen.

At least 10 FTSE 100 companies are seeking bids from insurance firms that specialise in taking on retirement obligations, including seven that have schemes with assets of £1bn or more, according to a report by Lane Clark & Peacock, the actuarial consultants.

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