Pension deficits at the country's biggest firms rose in August as schemes continue to suffer the effects of historic low interest rates, research finds.
Mercer's Pensions Risk Survey found that funding levels at FTSE350 schemes dropped from 89% to 87% on an accounting basis over the month. This was in spite of decent performance on the investmen...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- 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