Aon said there is increasing need for ‘careful prioritisation’ of risk and opportunities
The combined pension deficit of FTSE 350 companies grew by £9bn in December 2017 to £41bn one year later on an accounting basis, according to Mercer's funding tracker.
Cash-strapped employers intent on closing their defined benefit schemes entirely should rethink their plans as alternative strategies could save them money, Aon Hewitt says.