FTSE350 pension schemes have seen their deficits drop to £13bn from £50bn in December 2006 with an aggregate funding level of 97pc, research by Mercer shows.
Mercer's Quarterly FTSE350 Pensions Deficit Survey also found the current FTSE100 funding level is 98pc, with a corresponding aggregate deficit of £9bn, despite extreme market volatility over the...
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