Falling bond yields increase liabilities in June

Jenna Towler
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Volatility in global equities and falling corporate bond yields in the last two weeks of June cancelled out much of the growth achieved by schemes over the past six months, Mercer says.

The aggregate FTSE350 IAS19 pension deficit stood at about £85bn at 30 June, the same level as the previous quarter. The consultant's quarterly Pension Risk Update report said over Q2 to mid-J...

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