The Pensions Regulator publishes consultation on British defined benefit investing regulations.
Tag: Defined Benefit
But market volatility caused by the coronavirus threatens to erase some of the gains.
The total deficit for the plans is nearly halved as the funded ratio climbs to 98%.
Deficit for UK defined benefit plans fell to £71.1 billion.
As defined benefit plans shrink, supplemental plans are growing – but full participation may be hard to achieve without automatic enrollment.
Aggregate deficit falls $12 billion to $108 billion.
Although most plans are now fully funded, solvency gains can vanish quickly, firm says.
Company is planning $55 million contribution to its worldwide pension plans in fiscal 2019.