FTSE100 firm deficits shrink to lowest level since 2002

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Pension scheme deficits for FTSE100 companies shrank by more than £20bn during 2006 to their lowest level since 2002, latest figures reveal.

Watson Wyatt research found the FRS17 deficit of FTSE100 firms was £39.9bn at the end of the year – a fall of £20.5bn from the close of 2005. Senior consultant Stephen Yeo said the fall was the l...

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