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Tuesday, April 9, 2013

UK pension fund deficits jump in March-industry data

Despite millions of pounds spent by British companies to meet spiralling retirement costs, the total deficit of final salary-linked company pension schemes has increased by 35 billion pounds over one month, a report said on Tuesday, The Pension Protection Fund calculated that the aggregate deficit of 6,316 so-called defined benefit schemes - ... (more)

http://www.reuters.com/article/2013/04/09/britain-pensions-deficits-idUSL5N0CW24K20130409?feedType=RSS&feedName=financialsSector

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