FTSE350 companies have enjoyed a 7% month-on-month decrease in their defined benefit (DB) pension scheme deficits despite recent turmoil in the equity markets, according to Mercer.
The consultancy's latest Pensions Risk Survey revealed that deficits tumbled from £95bn at the end of July to £88bn on 27 August, driven by a rise in corporate bond yields and a fall in market impl...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- 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
