UK Corporate Pension Funds Stabilize in Bond Meltdown Aftermath
Meanwhile, in the US, corporate pension funding levels declined in November.
Rising discount rates were not enough to offset markets spooked in October by surging COVID-19 cases.
Mercer warns pension trustees to brace for a no-deal Brexit.
Climate change, board diversity among $27.7 billion faith group’s top priorities.
Decline comes one month after becoming fully funded for the first time in a decade.
Aggregate deficit falls to £29 billion at the end of May.