Bridging the Gap

Deficit Financing

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In years to come pension fund trustees and sponsors may well look back on the latter part of 2005 and think of it as a watershed period. In the UK, the new scheme-specific funding requirements will come into force at the end of the year, and the UK's Pensions Regulator last month published a consultation document on how it proposes to regulate the new regime for defined benefit schemes. Meanwhile, Ericsson's takeover of Marconi, a deal which hinged on getting the Regulator's approval for a c