Mercer: FTSE350 pension deficit rises by £5bn in May

Mercer publishes on its website:

“Liability values increased in May by £11bn to £856bn due to a 0.14% decline in corporate bond yields during the period. This was partially offset by a 0.08% decline in market implied inflation since April. Asset values increased by £6bn, from £793bn to £799bn.”

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