Pension liabilities at biggest 350 firms fall by 28% over past year

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THE TOTAL deficit of UK defined benefit pension schemes has fallen by 28pc, latest research by PricewaterhouseCoopers reveals.

The financial services firm said that total deficits in the pension schemes of FTSE 350 companies were around £65bn at September last year but fell by around £18bn to £47bn this month. And, during...

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