UK - Pensions deficits at UK companies with the largest DB schemes reached an all-time high of £76bn in January 2006, with falls in long-dated gilts and bond yields blamed for the surge.
According to Aon Consulting, over the last 12 months the yield on over 15 year AA rated bonds fell by 0.6% (from 5.2% to 4.6%) and the real yield on over 5 year index-linked gilts also fell by 0.6%...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date