2008 predicted to see further rise in FTSE100 surplus

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Schemes at Britain's biggest firms had an aggregate surplus of £15bn at the end of last year, actuaries at Deloitte estimate.

The consulting firm says the funding position of FTSE100 schemes improved by more than £55bn during 2007. Deloitte said the surplus was due to investment returns of around 3.5pc over the year, h...

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