US - Global pension fund deficits improved over last year thanks largely to movements in international corporate bond markets caused by the credit crunch, according to the research by actuaries Lane Clark & Peacock (LCP).
Total deficits of FTSE Global 100 companies fell from £58bn (US$111.4bn) in 2006 to £18bn in 2007, but rose again to an estimated £30bn by mid-July 2008. Speaking to Global Pensions, Colin Hain...
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