Bridging the gap
With a drop in contributions, a rise in staff life expectancy and stock market volatility, insurance companies are faced with tricky questions with regard to pension scheme deficits. Peter Falush investigates
Back in the 1960s and 1970s, things were almost idyllic - the cult of the equity ruled, real interest rates, while fluctuating, were relatively high and the pension regime in most companies had a well
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