US - September 2002 was the worst month since October 1987 for US pension funds as assets underperformed liabilities by -11.83%, according to financial laboratory Ryan Labs.
This caused a growth rate differential of -36.46%.
Combining the last two years now has pension assets falling behind liabilities by -73.40%.
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers