US - Corporate pension funds lost more than US$300bn over 2008, although many have said they intend to keep equity allocations steady this year, according to consultants Watson Wyatt.
The firm said analysis of 100 of the largest US pension schemes found the aggregate funding position fell by $303bn in 2008, from a surplus of $86bn in 2007 to a $217bn deficit at the end of 2008. ...
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