Pension scheme deficits could increase by £40bn over the next year as a result of government cut backs, Aon Consulting says.
Aon said the fiscal measures - announced in the emergency Budget on June 22 - will initially increase final salary deficits because the reduced issuance of gilts combined with slower economic growt...
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
