Three out of ten schemes 'substantially overfunded'

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Some 30% of defined benefit (DB) pension schemes are significantly in surplus, according to Aon Hewitt.

Its survey of 86 schemes also found 42% were approximately fully-funded on a best estimate basis and a quarter of FTSE350 schemes were over 100% funded when viewed on an accounting basis. Partne...

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Natasha Browne

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