FTSE100 firms' deficits double despite billions in recovery payments

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Bluechip firms have seen their pension deficits more than double over the last year despite ploughing in a combined total of £11bn to plug deficits, says LCP.

The consultant's Accounting for Pensions Report estimated that the aggregate IAS19 deficit for schemes of FTSE100 companies grew from £20bn to £41bn. Over the year sponsors paid £21.4bn into sch...

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