Top UK schemes report aggregate surplus for first time since 2001

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THE TOP 200 UK pension scheme have reported an aggregate surplus for the first time since accounting standard FRS17 was introduced in June 2001, latest research by Aon Consulting reveals.

The consulting firm said that the landmark moment was reached at 3:25pm last Friday – and marked an improvement of more than £50bn in net accounting valuations in two months. However it said there...

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