Top UK firms improve combined deficit by £42bn in a year

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UK - The top 100 UK firms' defined benefit schemes knocked £42bn off their combined deficit over the last year, Pension Capital Strategies research shows.

The consultant's monthly index of funding positions of FTSE100 schemes, under accounting measure IAS19/FRS17, showed an improvement from a deficit of £92bn at 30 November last year to £50bn this ye...

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