CPI switch set to wipe out FTSE 350 scheme deficit

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Total FTSE350 scheme funding deficits could swing back into surplus by the end of the year due to the Consumer Prices Index inflation switch, Aon Hewitt predicts.

This month's Aon Hewitt 350 Index showed the collective final salary pensions accounting deficit of UK FTSE350 companies was £44bn - the same level as the end of May. However, the consultant est...

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