The 5% stock market slump in May increased UK pension scheme deficits by £20bn (€29bn), according to actuarial firm Aon Consulting.
Despite these falls, Aon said pension scheme funds are, on average, better funded than at the start of the year.
May slump adds £20bn to UK pensions deficit
The 5% stock market slump in May increased UK pension scheme deficits by £20bn (€29bn), according to actuarial firm Aon Consulting.
Despite these falls, Aon said pension scheme funds are, on average, better funded than at the start of the year.