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Actuarial firm Milliman blames the 3 percent drop in funded status among S&P 1500 companies' plans on Brexit. (Photo: iStock)

Reports continue to relate the fall in funded status of U.S. corporate pensions, with Milliman Inc. reporting a $46 billion decrease in June — thanks likely to Brexit — and the BNY Mellon Institutional Scorecard reporting a 4.0 percent surge in liabilities during the month, along with heightened volatility.

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