Top companies improve combined scheme deficit by £8bn

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UK - The combined deficit of the top 100 UK firms' defined benefit schemes has shrunk by £8bn ($12.6bn) over the last year, Pension Capital Strategies says.

The consultant's monthly index of funding positions of FTSE100 schemes, under accounting measure IAS19/FRS17, showed an improvement from a deficit of £74bn at the end September last year to £66bn t...

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