FTSE100 scheme deficit almost doubles in 12 months

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The deficit of the aggregated pension funds of the FTSE100 has almost doubled from this time last year when measured on an "economic basis", Redington Partners says.

The consultant said the deficit stood at £124bn at the end of March, last year, but had worsened to £245bn at the end of March, this year. It said the economic basis discounts the liabilities usi...

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