Not too bad for pensions
Wednesday, December 31, 2008 posted by admin
Its good to see that in some places in the UK economy there is some slightly positive activity going on, although its not entirely positive.
Lets face it though, compared to the rest of the worldwide markets, to pull back the amount they have over 12 months can only be a good thing.
Despite a tumultuous 12 months, Britain’s biggest schemes are sitting on a £3bn surplus, having started the year with a £2bn deficit.
Aon Consulting, which has calculated the pension scheme funding, said the swing back into the black will be significant as half of UK companies complete their accounts at December 31.
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