Use of asset-backed arrangements spreads to smaller firms in £500m boom

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Asset-backed funding arrangements became more prevalent in 2012 as a wider variety of companies used a greater array of assets to fund deficits, says KPMG.

The consultant's Asset-backed funding for pensions survey found that seven of these structures were put in place in 2012 with a total value of more than £500m. It revealed the average deficit re...

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