UK pension deficits balloon to more than £100bn for first time

Jonathan Stapleton
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UK - The aggregate pensions accounting deficit for the 200 largest UK pension schemes has ballooned to £103bn (US$166bn) - topping the £100bn mark for the first time ever, Aon Consulting's Aon200 index revealed.

Head of corporate solutions Marcus Hurd said: "This is an unwelcome Christmas present for all of those with an interest in UK final salary pensions. "Despite rising equity markets, the costs of ...

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