FTSE 350 pension deficits climb 40% over four months

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FTSE 350 deficits have climbed 40% since September with spiralling gilt and corporate bond yields putting increased pressure on schemes.

The aggregate pension deficit was £104bn at 19 January, which was £41bn higher than it was four months ago, according to Hymans Robertson. This sustained rise abated slightly in mid-December when...

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