Home Retail Group reduces scheme deficit by 70%

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The Home Retail Group Pension Scheme has shrunk its deficit by 70% following strong market performance and additional employer contributions.

In its full-year results, published today, the group - which operates Argos and Homebase stores - said the IAS19 valuation of its pension deficit had fallen from £24.9m to £7.5m. The company sai...

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