UK pension funding still troubled

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UK - Despite recent strong investment performance, UK pension plans still face funding troubles as 80% of them plan to make significant alterations to their asset class mix over the next three years, Greenwich Associates has claimed.

Average funding ratios for UK corporate pension plans declined to 91% in 2006 from 92% in 2005, while local authorities saw funding ratios of their pension plans fall from 78% to 77%, according to ...

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