Hints on QE end push liabilities down £31bn as yields rise
FTSE350 companies' defined benefit (DB) deficits fell as bond yields rose on hints of an end to quantitative easing (QE), research from Mercer shows.
Mercer's monthly Pensions Risk Survey said June saw schemes achieve the largest monthly fall in deficit levels in ten months, decreasing £16bn to a £82bn total. The reduction began in May with a £10bn...
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