Scheme equity exposure a drag on FTSE100 firms' share price

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FTSE100 firms with pension schemes heavily exposed to equities dropped 26% in value this month, pushing the combined index deficit up £30bn in just ten days.

Research from JLT Pension Capital Strategies showed FTSE firms with strong equity holdings in their pension schemes dropped 10 percentage points more than the FSTE100 index - which fell 16% during ...

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