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In August, the funded status of the 100 largest corporate defined benefit pension plans declined by $6 billion as measured by the Milliman 100 Pension Funding Index (PFI). The deficit rose to $162 billion, primarily due to adverse performance in the financial markets during August. The PFI funded ratio dropped to 89.4% from 89.9% at the end of July. |
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| Head of Insurance Risk | ||
| London - £160,000 Per Annum | ||
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