Summary
THE funding shortfall faced by the UK's biggest pension schemes fell to its lowest level for more than a year during October, research has indicated.
The 200 largest defined benefit schemes, including final-salary pensions, had a collective deficit of pound(s)69 billion at the end of the month, down from one of pound(s)80bn at the end of September and the lowest level since September 2009, according to Aon Hewitt.See the full content of this document
Extract
Pension Fund Shortfall Hits Year Low
The improvement was driven by rising e...
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