The crisis of corporate pensions fund deficits was a hot news topic of last year, but a Towers Perrin analysis has found that a year-end rally in the equity markets actually led to an increase in the funded status of benchmark pension plans in most major retirement markets around the world in the fourth quarter.
The only exceptions were Canada, where funded status declined slightly, and the Euro-zone, which saw a drop of more than four percentage points.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access