As Pension Pots Go South Look to the East to Top Up Savings ; Personal Finance
Birmingham Post › August 17, 2008
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Summary
The spectacular scale of the opening ceremony of the 2008 Olympic Games is a vivid reminder that China's economy could be the biggest in the world within a decade.
But only 72 hours before Beijing's big party, a report on Britain's private sector pensions attracted much less interest.See the full content of this document
Extract
As Pension Pots Go South Look to the East to Top Up Savings ; Personal Finance
Actuaries Lane, Clark & Peacock (LC&P) reckon the net deficit of UK pension schemes of Britain's top FTSE-100 companies hit pounds 41 billion in mid-July 2008 - despite companies pumping pounds 40 billion into schemes to cut deficits in the last three years.
These pension funds, with assets of pounds 350 bill...See the full content of this document
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