For the first time in five years no FTSE 350 defined benefit (DB) pension scheme has a deficit that exceeds its market cap, according to an annual report from Hymans Robertson.
The FTSE 350 analysis report found 90% of the 220 companies with a DB scheme have a deficit of less than 10% of their market cap. Hymans Robertson head of corporate consulting Clive Fortes (pict...
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