EUROPE - More than a third of continental European pension funds are still underfunded despite the market recovery of 2003 and hefty contributions made by many corporate plan sponsors to their pension plans last year, according to new research by Greenwich Associates.
Greenwich consultant Chris McNickle said: “Continental plan sponsors deserve to be complimented for the responsible steps they have taken to stabilise their situation after the market debacles of 2...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
