It is a worry when companies like BT Group Plc and Marks & Spencer Group Plc have liabilities which are almost double their market value!
Other firms with big Pension liabilities like Tui AG, BAE Systems Plc and AA Plc could be in trouble too.
The idea that corporate Britain can fill holes in staff retirement budgets without slashing dividends would have been unthinkable even a year ago.
The shortfalls of FTSE 350 companies had soared to a record 165 billion pounds ($217 billion) as the Bank of England cut rates to spur the economy after the Brexit vote, throttling Pension income that relies on higher Bond yields.
How many a�?noughtsa�? are there in 165 billion? Worried? You should bea��a��a��a��get help from me before there is nothing left?!