The combined pension deficit of FTSE 350 companies grew by £3bn to £32bn over July, according to Mercer's monthly funding tracker.
The consultant's index recorded assets at £826bn on the accounting measure, up from £818bn at the end of June, while assets had increased from £789bn to £794bn. The growth in liabilities was blamed...
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
