The ‘Black Monday' stock market crash drove the value of defined benefit (DB) pension scheme deficits up by as much as £30bn in a single day, according to analysis.
The FTSE 100 index has plummeted 14% from its peak of almost 7,000 in February to 5,996 as fears over Chinese stocks took hold.
The net new issuance of sterling corporate bonds is set to reach a "woeful" £7bn for 2015, according to JP Morgan Asset Management (JPMAM).
Employers are looking to cut contributions
Giving trustees power over scheme assets
Asset managers must open up to allow investors to separate the skilful from the luck
UK inflation rises 0.1% in July to beat forecasts
Plans to release public funds on setting up a special purpose vehicle (SPV) for Newham Pension Fund have been called in by the council's overview and scrutiny (OS) committee following concerns.
Bank of England governor Mark Carney has been speaking to the largest fund management houses about how prepared they are for a mass sell-off that could follow an interest rate rise.
The £900bn deficit in UK defined benefit (DB) schemes would require more than a year's salary from every person in the UK to fix, according to Hymans Robertson.