FTSE350 deficits down as equities rise

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February's continued boost in equities has seen FTSE350 scheme deficits decrease according to Mercer despite continued negative deficit reports coming from 2012 final year results.

The consultant's latest pensions risk survey saw IAS19 defined benefit deficits fall £7bn to £68bn, reversing the increase in deficits seen in January. Last month's data shows asset values incre...

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