Falling inflation assumptions check deficit increases

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Pensions deficits for FTSE350 companies grew by 21% in September as falling bond yields and volatile stock markets were mitigated by a reduction in interest rate projections.

The figures, from Mercer's Pensions Risk Survey, show the aggregate shortfall climbed to £64bn on an IAS19 basis by the end of the month, up from £53bn at the end of August. The firm said fallin...

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