EUROPE- The funding ratio of European corporate pension plans fell from 74% in 2003 to around 70% at the end of 2004 before contributions despite positive markets in 2004, according to research from JPMorgan Fleming Asset Management.
The Overview of European Corporate Pension Plans, which assessed the funding status of Europe’s largest corporate plans, suggests that a typical plan will need to produce 5-10% asset growth a year,...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
