Mercer: S&P 1500 deficits highest since WWII

clock

The aggregate deficit of S&P 1500 pension plans increased by $134bn in September, reaching a "post-World War II high", Mercer claims.

The deficit rose from $378bn to $152bn, while the aggregate funding ratio dropped to 72% from 79% where it stood at the end of August and from 81% since the start of the year. The previous high poi...

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

Join now

 

Already a Professional Pensions member?

Login

More on Industry

Trustee duties harder than five years ago, says industry

Trustee duties harder than five years ago, says industry

The industry has said increased regulation is a key reason trustee duties are more difficult

Holly Roach
clock 04 July 2022 • 1 min read
Savova: "Providers must remember the impact their decisions have on consumers"

DWP alerted to potential pensions transfer abuses

PensionBee issues warning over abuses of legislation

Martin Richmond
clock 04 July 2022 • 1 min read
Updated: Key dates for the pension industry

Updated: Key dates for the pension industry

Here are all the key dates upcoming in the pensions industry

Martin Richmond
clock 04 July 2022 • 2 min read
Trustpilot