Jittery stock markets add £17bn to deficits

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Deficits at Britain's top 200 pension schemes increased by £17bn in a week due to turbulence in global financial markets, Aon Consulting claims.

Its analysis showed that at close of business on Monday, the combined deficit for the 200 largest UK pension schemes was £51bn – with FTSE100 deficits standing at £41bn. Shortfalls were £34bn and ...

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