Web site: 'Well done on the stream of quality stuff coming out at the moment – it is very impressive.'
13/10/2016
Funding deficits in the UK’s largest defined benefit pension schemes rose to £92 billion at the end of April, largely as a result of a continued fall in the yield from corporate bonds. Liabilities increased by £9 billion in April to hit a record month-end high of £747 billion.
According to analysis by Mercer which covers about 50% of all UK pension scheme liabilities, considerable uncertainty continues around a number of ‘political and economic narratives’, including the UK’s referendum on continued EU membership in June 2016.