FTSE 100 deficits swell 60% in a year

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Pension deficits at the UK's top 100 firms have ballooned 60% in the past year, carrying on a trend of spiralling funding gaps for schemes.

JLT Employee Benefit's (JLT EB) latest monthly report showed FTSE 100 scheme deficits were £85bn on an IAS 19 basis at the end of February. This compared to £53bn at the same time last year. Thi...

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