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Why pension surpluses should get investors to prick up their ears
为什么投资者应该关注养老金盈余?

With interest rates higher, many schemes are moving out of deficit, which could feed through to share prices
随着利率的上升,许多计划正在摆脱赤字,这可能会影响股价。

Over the years, I had several grim meetings with management at the now defunct Uniq dairy food company. We should have been talking about cream cakes. Instead, most of the meetings seemed to be about its huge, badly underfunded pension fund. Pension fund concerns have soured many a company meeting subsequently.

多年来,我与现已倒闭的Uniq乳制品公司的管理层进行了几次严峻的会议。我们本应该讨论奶油蛋糕,但大多数会议似乎都在讨论公司庞大且严重资金不足的养老基金。养老基金问题已经让许多公司会议变得令人沮丧。

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