Trustees still rely on future equity returns

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NEARLY all pension schemes are aiming for funding levels of 100pc of accounting valuations or Pension Protection Fund payout levels, latest research reveals.

Hewitt Associates’ survey of 52 company schemes with assets of more than £1bn found 83pc of schemes were aiming for 100pc PPF or FRS17 levels – and 87pc were aiming to pay off deficits within 10 ye...

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