Shortfall for top 100 firms drops £50bn since January

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Scheme deficits at the UK's top 100 firms has fallen from £110bn to £60bn since January, new research shows.

Actuaries at accountant Deloitte said the fall was due to gains from a buoyant equity market and an easing of the pressure in bond markets in the wake of government plans for issuing more long-date...

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