Pension deficits have fallen by £40bn since the start of the year and are at
the lowest level for more than five years. The improvement has been fuelled by a
strong UK equity market and falls in the prices of bonds used to measure pension
Most pension schemes invest a significant proportion (60% on average) of
their assets in the stock market. The value of UK shares has increased by 9%
since the start of the year.
have fallen over the same period. Deloitte actuaries estimate that this
alone has wiped around £25bn off the value of pension deficits.
Leonard Curtis Business Solutions Group has opened a new office in Glasgow – the first Scottish office for the professional services provider
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal