Liabilities up 6% as flight from equity pushes down bond yields

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Pension funds are facing a "double whammy" as their reaction to falling asset values exacerbates a rise in liabilities, warns a fiduciary manager.

Cardano client manager Phil Page believes this rise in liability values - of 6% - 6.5% in the last five weeks for the average scheme - has often slipped under the radar. Page pointed out that th...

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