FTSE 350 deficit soars by 80%

Michael Klimes
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The total deficit of defined benefit (DB) FTSE 350 pension schemes surged 80% over the year to date, according to Hymans Robertson.

Falling gilt yields have driven the deficit from £50bn to £90bn as of 12 December 2014, a record high for pension liabilities for FTSE 350 firms. This is despite companies contributing £16bn int...

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