PCS survey reveals £44bn drop in FTSE100 scheme deficits

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COMBINED deficits of FTSE100 pension schemes have fallen by £44bn in the last 12 months, latest research by Pension Capital Strategies reveals.

The risk management firm’s quarterly report on pension disclosures revealed the total deficit of FTSE100 pension schemes was £2bn at September 30 ¬– down from £46bn a year earlier. It said 18 co...

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