S&P 1500 scheme deficits up $73bn in August

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US - The aggregate deficit in S&P 1500 pension plans increased by $73bn during August as equities and bond yields suffered a rollercoaster month, figures from Mercer show.

The deficit grew from $305bn as of July 31 to $378bn as of August 31 and corresponds to an aggregate funded ratio of 79% as of August 31, compared to a funded ratio of 83% at the end of July and 81...

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