EUROPE- The funding ratio of European corporate pension plans fell from 74% in 2003 to around 70% at the end of 2004 before contributions despite positive markets in 2004, according to research from JPMorgan Fleming Asset Management.
The Overview of European Corporate Pension Plans, which assessed the funding status of Europe’s largest corporate plans, suggests that a typical plan will need to produce 5-10% asset growth a year,...
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