Pension funds deficits can only get bigger without an interest rate rise

interest rates for another three years. And without a rate rise, pension fund deficits are only going to get larger.There will be the benefit of a stock market rally that, at least in the next couple of years, will push up the value of pension fund assets. But pension funds have tended to be shy of buying a slice of corporate Britain in favour of lending it money.This change of relationship has …

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