The year 2000 was the worst year for pensions on record, and 2001 could even be worse, according to Ron Ryan, president of US asset manager Ryan Labs.
During 2000, pension funds assets grew by -2.5%, whilst liabilities rocketed to 25.96%. The growth in liabilities - current and future pension benefits - outpaced assets by 28.46%, Ryan said. Th...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- 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