FTSE 100 deficits at all-time low

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UK - Pension fund deficits for FTSE 100 companies have fallen to £31.8bn as of 31 January 2007 - the lowest level since records began, Watson Wyatt has claimed.

Stephen Yeo, senior consultant at the consultancy, said: “Most of the fall in deficits was due to increases in bond yields, which rose by 0.15% in January and now stand at their highest level since...

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