Inflation risk to funding surpluses
UK - Pension funds recorded their fourth consecutive month of fund surpluses at the end of May, but Aon has warned the effects of inflation will continue to drive volatility.
According to research by Aon, the top 200 UK pension schemes showed an aggregate surplus of £6bn (US$11.7bn) at the end of May, £1bn more than the previous month. However, the company also warned of considerable...
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