Deficit 'yo-yo' continues as yields fall

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The on-going volatility in defined benefit scheme funding continues as £11bn was added to FTSE350 deficits over March, research from Mercer shows.

Despite stable growth in equities, a reduction in corporate bond yields resulted in a £19bn increase in liabilities. This left FTSE350 deficits at £79bn at the end of March after being partially...

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