UK deficits unchanged over 12 months

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The combined pensions deficit of the UK's biggest companies has remained broadly unchanged over the last 12 months according to figures from JLT Employee Benefits (JLT EB).

The consultant revealed that the aggregate shortfall for FTSE100 firms rose by approximately £1bn to £59bn while funding levels were unchanged at 89%. Across the private sector as a whole, schem...

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