Mercer: FTSE 350 deficit surged by over a quarter in 2018 with 'anticipated' GMP costs

Kim Kaveh
clock • 1 min read

The combined pension deficit of FTSE 350 companies grew by £9bn in December 2017 to £41bn one year later on an accounting basis, according to Mercer's funding tracker.

The consultancy's 2018 Pension Risk Survey, published today (7 January), stated that this was driven by a £19bn fall in asset values from £766bn at the end of 2017 to £747bn at the end of last year...

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