Scheme deficits unaffected by 2012 asset rises

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Scheme deficits remained largely unchanged over the last year despite gains in asset prices, Pension Protection Fund research says.

The PPF 7800 index, calculated on an S179 basis, showed the 6,316 scheme aggregate deficit fell by 8% to £244.7bn at the end of 2012 from £268.9bn in 2011. Along with this, Mercer's FTSE350 IAS1...

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