Tuesday, January 24, 2006 

Investment & Business news: Pension deficit soars Pension funds reacted to the stock market collapse earlier this decade by migrating to bonds. Many bailed out at or near bottom. Since then shares have enjoyed substantial rises, but thanks to the falling long term rate of interest, bond yields have fallen, and the pension funds have seen their deficit fall even further.
posted by DavidG  @ 8:27 PM 0 comments

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