Tags: Market

Pension deficits grow despite stock market gains

The best monthly stock market performance since October 2011 was not enough to stop defined benefit pension deficits from increasing during January, according to Towers Watson, a leading global professional services company. The consultant estimates that the combined pension deficits of FTSE100 companies, as calculated for publication in their annual accounts, was £38 billion at…

B2B gift card and voucher sales continue to dominate market, new research reveals

B2B gift card and voucher sales in the second quarter (Q2) of 2012 contributed to the steady 5% growth experienced in the industry in the same quarter, according to the latest statistics from The UK Gift Card & Voucher Association (UKGCVA), the trade body representing the key players in the £4 billion gift voucher, cards…