The combined deficit of FTSE 350 defined benefit (DB) schemes rose by £98bn over 2016, according to Mercer data.
On 30 December, the aggregate deficit hit £137bn, on an IAS 19 basis, up from £127bn at the end of November and £39bn the previous year. The figures represent a 251% increase over the 12 months. Liabilities...
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The local government pension pools for the South West and Midlands are actively hiring senior managers to lead and develop the innovative structures.
There is no reason to be pessimistic about the pensions challenge confronting the nation says former Bank of England governor, Lord Mervyn King.
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